Revenue, Quarterly Earnings | featured news

Zynga brings losses under control

Zynga reports a sharp drop in its losses in the last three months of 2012, as revenues at the designer of games including Farmville stabilised.

 

EBay's fourth-quarter revenue rose 18 percent

EBay

EBay Inc reported holiday quarter results that just beat Wall Street expectations, but the e-commerce company also gave a cautious forecast for 2013. EBay shares climbed 1.7 percent to $53.80 in after-hours trading following the announcement. Expectations were high ahead of the results because sales data from outside sources suggested strong sales growth from eBay's online marketplace and a solid increase in transactions processed by the company's PayPal payments business.

 

Washington Post Swings to Profit

Washington Post posted a profit as the company recorded fewer restructuring charges, although revenue was flat as its education division continued to struggle.

 

Martha Stewart Living Second-Quarter Loss Narrows

The company reports a swing to an operating profit in its broadcasting unit despite lower revenue, but warns that its return to overall profitability may be delayed.

 

AOL CEO Says Ad Declines 'Self-Inflicted'

AOL's earnings more than doubled amid gains from asset sales, though ad revenue dropped 27%. CEO Armstrong said AOL is on the path to recovery, with much of the revenue declines "self-inflicted."

 

Pfizer 3Q profit down 70 percent due to charges

Pharmaceutical giant Pfizer Inc. says revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth, but hefty charges dragged its profit down 70 percent.

 

Dell's Net Jumps 52%, but Margins Slip

Dell's quarterly profit improved 52% as shipments jumped and revenue grew in each product segment, although margins again fell.

 

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