Topic: Corporate finance

SEO

Chinese Search Giant Baidu Reports $2.2 Billion In Revenue For 3Q 2014

China’s leading search engine Baidu posted its 3Q 2014 earnings yesterday, reporting $2.2 billion (RMB13.520 billion) in total revenue, a 52 percent year over year increase. According to Baidu chairman and CEO Robin Li, the site’s mobile traffic surpassed PC traffic last quarter, with mobile revenue representing 36 percent of total revenue. “In the third […]

SEO

Baidu Posts 50 Pct. Revenue Growth But Shy Of Investor Hopes

Chinese search engine and advertising provider Baidu announced quarterly earnings today. The company fell just shy of financial analysts’ estimates, which were $1.54 billion (51 percent growth). Instead, the company announced $1.573 billion in revenue, which was a 50.3 percent increase from a year ago. For fiscal 2013, Baidu reported total revenues of $5.277 billion, a […]

Yahoo Tells SEC: 31% Of Our Revenue Comes From Microsoft

Yahoo has revealed in a US Securities & Exchange Commission filing that nearly one-third of its revenue last quarter — 31% — came from its search deal with Microsoft, according to a Bloomberg report. That’s far higher than the “more than 10%” figure Yahoo previously acknowledged, making it seem even more difficult for the company […]

SearchCap: The Day In Search, July 24, 2012

Below is what happened in search today, as reported on Search Engine Land and from other places across the web. From Search Engine Land: Report: Google Strikes Antitrust Deal With EU, Avoids Legal Battle According to a report in the Financial Times, Google and the EU have agreed in principle to the “outlines of a […]

Google Grows Revenues 24% From Last Year, Plans New Class Of Stock

Google’s revenues rose to $10.65 billion in the first quarter of 2012, resulting in net income of $2.89 billion, or $8.75 per share, the company announced after market close today. The revenue number represents a 24% increase over the year-ago period. Additionally, the board of directors proposed the creation of a new class of non-voting […]

As Yahoo Struggles Can It “Bring Sexy Back”?

Yesterday Yahoo released Q3 revenues. While they generally met expectations, and operating income came in at the “high end” of Yahoo’s guidance, overall revenues and profit declined: Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,072 million for the third quarter of 2011, a 5 percent decrease from the third quarter of 2010. Income from operations […]

SearchCap: The Day In Search, October 18, 2011

Below is what happened in search today, as reported on Search Engine Land and from other places across the web. From Search Engine Land: Facebook Gestures: How Users Could Be Sharing Their Opinion Facebook “Likes” have become a universal way to share or promote a piece of content on a blog or website (or Facebook […]

Facebook IPO Coming In 2012, Could Be Worth $100 Billion

Everyone knows that Facebook is going public. When was the only question. Now it appears that it will be early next year. Facebook apparently is being compelled go public by an obscure SEC rule that requires companies with 500 or more shareholders to start disclosing financial information even if they haven’t gone public. Thus Facebook […]

PPC

Yahoo Q1 2011 Mixed: Display Up, Search Down, Revenues $1.06 Billion

Yahoo reported Q1 revenues of $1,064 million, which represented a 6 percent decline vs. a year ago. The company essentially blamed the search deal with Microsoft for the decline: [The decline was] primarily due to the required change in revenue presentation related to the Search Agreement and the associated revenue share with Microsoft. For transitioned […]

Google Q1 Revenues $8.58 Billion, Some Investors Unhappy

Google had a strong Q1 with $8.58 billion in gross revenue. Net revenue was $6.54 billion. Both figures were somewhat better than some expected, although many are calling them “mixed.” Growth was 27 percent year over year. Expenses and costs were higher and some investors are expressing disappointment; Google shares are down almost 5 percent […]

Google To Buy Groupon This Week In $5 To $6 Billion Deal?

Whew. The rumors of a Google-Groupon deal are getting hotter. Yesterday, there was a report the deal was done for $2 billion. Today, there are two reports that negotiations continue with a price of $5 to $6 billion being discussed. Back on November 19, the first report of a Google-Groupon deal came out from Kara […]

SEO

Yahoo Can Now Buy Back $3 Billion Of Stock

BusinessInsider reports Yahoo’s latest SEC filing announces they can now buy back $3 billion in stock over the next three years. The Yahoo Board approved the repurchase program allowing the $3 billion in buy backs. The transactions can occur either on the open market or in privately negotiated transactions. Some are questioning if Yahoo should […]

Google Starting To Manage Its Cash Mountain More Aggressively

Google now has roughly $26 billion in cash on hand. That mountain of money has apparently been getting very conservative returns according to an article appearing in Businessweek. The article also discusses how Google has now turned its formidable technology and software prowess on its short term investments to more aggressively manage its portfolio.  Accordingly […]

SEO

Yahoo Announces Q1 2010 Earnings: Income Up 87%

Yahoo announced (PDF) their first quarter 2010 earnings and showed a revenue increase of 1% and income increase of 87% from the first quarter of 2009 compared to the first quarter of 2010. Revenues were $1,597 million and income from operations was $188 million for the first quarter of 2010. Part of the revenues came […]

SEO

Diller Says He’s Willing To Sell Ask.com

Barry Diller, CEO of IAC — the parent company of Ask.com — said today that he’s willing to sell the struggling, fourth-place search engine. His comments came during a conference call with investors after IAC reported its 3rd quarter earnings. “We’ve been asked a lot whether we’re open to consolidating transactions in the area of […]

PPC

Yahoo Down YoY, Flat From Q2, Search Ad Revs Down 19 Percent

Yahoo just announced quarterly revenues of $1.575 million, which represents a 12 percent decline from the third quarter of 2008 and is basically flat vs last quarter. However the company saw a 19 percent decline in search ad revenue YoY but flat sequentially. Yahoo CEO Carol Bartz characterized Q3 as “solid” in the press release […]

Google’s Q3: $5.94 billion, 7 Percent YoY Revenue Growth, 14 Percent Paid Click Growth

Expectations were high for Google’s Q3 given some of the positive reports coming out about clicks and search volumes from third parties such as Efficient Frontier and comScore. Even though Google performed solidly (almost $6 billion in a still-bad economy) there may be some disappointment on Wall Street (apparently not). Google’s Eric Schmidt said “The […]

SEO

Yahoo Q2 Revenues Flat, No Help For Shareholder Meeting

Analysts expectations were low and, depending on the analyst, Yahoo barely met or missed them. According to the press release, “Revenues were $1,798 million for the second quarter of 2008, a 6 percent increase compared to $1,698 million for the same period of 2007.” Net income fell 18 percent. The company suffered from the general […]

Google Beats Forecasts With 30% Increase In Profit

Google has done it again — they announced impressive earnings, beating forecasts and showing a 30% increase in profit from the previous first quarter results. Google’s reported revenues of $5.19 billion for the quarter ending March 31, 2008 and a net income of $1.31 billion. Previous quarter revenues were $4.83 billion in Q4 and $3.66 […]

Microsoft, Yahoo Appear To Dig In Their Heels

Both the Wall Street Journal and CNET are reporting about an apparently unsuccessful meeting between Microsoft and Yahoo this week. According to the Journal, “The Microsoft executives showed no willingness to raise their cash-and-stock offer, and the Yahoo camp continued to refuse to enter formal negotiations without a sweetened bid, people familiar with the matter […]

Yahoo Expects To Double Cash Flow In Three Years & Reaffirms 2008 Outlook

Yahoo announced at an investor presentation that they expect to double their operating cash flow in three years from $1.9 billion to $3.7 billion. Yahoo also took the opportunity to reaffirm their 2008 financial outlook. Yahoo said by 2010, they expect to earn $8.8 billion in revenue (excluding traffic acquisition costs). This presentation is to […]