Tag Archives: Facebook
Facebook Posts 34% Increase in Profits
Facebook reported a 34% rise in profits for Q4 of 2014, on the back of strong performance in mobile advertising. Facebook’s earnings of $701m or $0.54 per share also surpassed analyst expectations of $0.49. For high-growth, consumer-facing Internet companies like … Continue reading
The Exit Report: Box, QuickFire Networks, Wit.ai
IPO After filing with the SEC back in March, online data storage company Box has updated its IPO registration documents and begun its roadshow. When it lists on the NYSE later this month, the company is expected to sell 14.4 … Continue reading
Facebook Stock Falls on Future Spending Worries
Facebook beat analyst expectations when it revealed its quarterly earnings report on Tuesday, reporting $3.2 billion in quarterly revenue at $0.43 earnings per share. It also reported a 7% increase in daily active users from the previous quarter, and a … Continue reading
Social Media Posts Encouraging Quarter
The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum, with rumors circulating that its latest investment round … Continue reading
IPO+M&A Watch: Sprint, Facebook, iDreamSky
IPO Shares of iDreamSky, a five year old gaming company known for tweaking existing games for the Chinese market, began trading on Nasdaq Thursday at $15 after the company raised $115.5 million. Owned by Tencent (the Chinese Internet conglomerate), iDreamSky … Continue reading
Facebook’s Q2 Earnings Send Stock to All-Time High
Facebook stock reached an all time high on Wednesday, topping $75 a share after the company’s Q2 earnings report beat analyst expectations. The social media giant reported $2.9 billion in revenue, surpassing projections of $2.8 billion by analysts. The company … Continue reading
Facebook’s Messaging Mission Leads to Snapchat Competitor Slingshot
Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion, the social media titan launched a series of … Continue reading
Homebrewed 