Instacart ad revenue up 18% at $871 million
CEO Fidji Simo described Instacart as 'the best advertising platform' and credited its success to shoppable display and video ad formats.
CEO Fidji Simo described Instacart as 'the best advertising platform' and credited its success to shoppable display and video ad formats.
The retail giant exceeded digital advertising expectations and now predicts the strong performance to continue in 2024.
Despite its strong performance, the online grocery retailer still reported a $2 billion GAAP net loss.
LinkedIn revenue increased 7.6% driven by recruiting revenue
CEO mum about ChatGPT/Bing integration.
Overall revenue for the company also decreased 4% YoY, but one area showing growth was new daily active users, up 2%.
Earnings missed the mark for YouTube but showed slow growth for ads and other services.
Alphabet announced revenue of $75 billion in Q4 of 2021. Of that, $61.2 billion came from Google advertising.
While shoppers are returning to physical stores, the company’s also seeing 'strong growth in local shopping queries' at the same time.
In addition to a decrease in overall metrics, some marketers reported a decline in the performance of lookalike audiences.
The hit in mid-March was sudden and dramatic, but there appear to be signs, including from media buyers, that the worst is over.
Despite 'significant slowdown' in March, Google still managed to post 13% overall revenue growth.
In TechTarget's recent earnings report, the company said unpaid traffic represented 94% of overall traffic in the quarter.
Ad revenue growth accelerated in the third quarter.
Mobile search and YouTube drove revenue gains, but growth of paid clicks has declined when compared with earlier quarters.
Aggregate paid clicks were up 52 percent but CPCs were down 23 percent.
In Google’s Q3 earnings report, released yesterday, another round of big revenue gains weren’t enough to meet analysts’ expectations. Google’s revenue grew 20 percent over the previous year in Q3, but that’s the lowest annual growth rate the company has posted since Q2 2013. Year-over-year click volume increased 17 percent over Q3 2013. But, click […]
Google announced fourth-quarter 2013 earnings today. Google’s revenue targets beat estimates, while their earnings-per-share did not. Google had revenues of $16.86 billion for the quarter ended December 31, 2013, an increase of 17% compared to the fourth quarter of 2012. Google’s operating income in the fourth quarter of 2013 was $3.92 billion, or 23% of […]
Yelp released its Q3 2013 earnings report today, posting a 68 percent growth in revenue from the third quarter of 2012, with net revenue at $61.2 million for the quarter ending on September 30, 2013. Cumulative reviews on Yelp have increased 42 percent year over year, climbing to 47.3 million. Average monthly unique visitors grew […]
Yesterday’s Microsoft FY2014 Q1 earnings report showed the company generated $18.53 billion in total revenues, with 47 percent growth in search advertising revenue. Executive vice president and CFO Ann Hood said Microsoft experienced broad based revenue growth from a geographic perspective, with better than expected results in a number of areas. “This quarter, revenue growth […]
Yelp released their first quarter 2013 earnings report today, announcing a 68 percent increase from Q1 2012 with $46 million in net revenue this quarter. CEO Jeremy Stoppelman started the earnings report webcast by stating the company had hit record highs in all core metric areas. Climbing to approximately 102 million, Yelp’s average monthly unique […]
Google announced their Q1 2013 earnings today, and as many analysts expected, the company posted revenue gains over the previous year. Revenue rose 31% year-over-year to $13.97 billion for the quarter, beating expectations. Here are the highlights: Paid Clicks — Aggregate paid clicks, which include ad clicks on Google sites and Google Content Network sites […]
Google’s Q3 “consolidated earnings” leaked early and are below analysts’ expectations. Search clicks were up 33 percent vs. a year go but CPCs were down 15 percent, probably a result of the impact of lower mobile CPCs. Traffic acquisition costs were also up, as were other expenses. Investors were surprised by the early release and […]
Demand Media posts $6.4-million loss in fourth quarter from the Los Angeles Times reports that Google’s Panda algorithm is mostly to blame for Demand Media’s $6.4 million loss in the fourth quarter of 2011. Demand Media released their earnings report last night, showing revenues up 15% year over year, but profits down from a positive […]
Google just posted their Q4 2011 earnings resulting in a massive quarter but not meeting expectations of investors. In fact, Google’s stock is down over 9% in after hours trading. That being said, part of those earning results showed that paid clicks on Google’s network is up 34% year over year but cost per click […]
AOL released its second quarter earnings this morning. Many financial analysts had a modestly positive reaction to AOL’s display ad growth, though overall revenues were were off 8 percent: $542.2 million (vs. $592.2 million a year ago). Display revenues were up 14 percent overall, 16 percent in the US. However search and contextual ad revenues were down […]
Wall Street is a curious place. A number of companies last week and this week reported very strong revenues suggesting that the recession is in fact over. But investors, disappointed that performance wasn’t even stronger, punished their shares perhaps with more aggressive expectations than were justified under the circumstances. Amazon and eBay are two examples […]
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 […]
Google announced earnings, showing a 23% increase in revenue from the first quarter of 2009 to the first quarter of 2010. Google earned $6.77 billion for the quarter ended March 31, 2010. Google’s operating income was $2.49 billion, or 37% of revenues and net income was $1.96 billion up from $1.42 billion the year prior. […]
IAC, the parent company of Ask.com, reported their fourth quarter earnings today and overall, it was a good quarter of revenue for IAC, being up 5% year-over-year in revenue. On the income side of the balance sheet, IAC was up 47% from Q4 of 2008 to Q4 2009. Search, which includes Ask.com, was up 3% […]
Yahoo announced their fourth quarter 2009 earnings just minutes ago. They reported better than expected earnings, with a decline in revenue of only 4%, year over year. Most of that decline came from a 15% drop in search ad revenue from Q4 2008 compared to Q4 2009. But Yahoo’s search ad dollars increased from Q3 […]
Ask.com’s parent company reported second quarter earnings, which showed an overall decline in revenue of 4% for the overall company, but dipped 10% in the media and advertising category, the category Ask.com fits into. IAC said revenue per query declined because of an “improved experience on Ask.com following its relaunch in October.” The relaunch has […]
Yahoo Q1 earnings are coming up next week. There were also some recent, not-so-secret conversations between new CEO Carol Bartz and Microsoft CEO Steve Ballmer about a search deal of some sort or a broader advertising partnership. And there’s a fairly credible rumor that more layoffs are coming at Yahoo, which are tied to a […]
With two reports about Google’s paid clicks being down, comScore helped fuel a perception among financial analysts that Google might under-perform in Q1. However, Google’s earnings handily beat estimates and the stock saw a 20 percent gain in a single day on Friday as investors were buoyed by Google’s results. By comparison, comScore saw many […]
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 […]
Gary Price reports that LookSmart has sold off FindArticles to CNET Networks for $20.5 million. LookSmart published a press release that details the sale is in cash, not in stock. Neil Ashe, CEO of CNET Networks, said:
Here’s the earnings release. They slightly beat the street. Revenues were up, but earnings were down. Search monetization and traffic are improving. Henry Blodget live blogged the earnings call with some good detail and quick analysis. Yahoo shares are up about 10 percent in after-hours trading. Below are the top-level numbers from the release:
Ask.com’s parent company, IAC, released their second quarter earnings statement today. Ask.com is bundled into the “Media & Advertising” category, which overall reported higher revenue than the previous year by 33%. However, Ask.com realized a “lower revenue per query since the launch” of Ask 3D in June. Why? Because the new interface requires less clicks […]
Yahoo released its Q2 earnings a little while ago. What they show is low double-digit growth in certain revenue categories, but also decreases in selected areas (e.g., operating income, free cash flow). Revenue and operating cash flow described as consistent with the “midpoint of guidance.” Here’s the earnings release (PDF file). Below are some additional […]