Posts filtered by tags: Earnings[x]


 

Why Dropbox shares are soaring after it reported earnings

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re digging into Dropbox’s earnings report (Q4 2019), and why its recent financial performance and plans for 2020 are making the storage and productivity-focused SaaS player shares soar. While the broader SaaS category has seen huge valuation gains in recent quarters, Dropbox has not. Along with Box, the two file-sharing focused companies were left behind as their...
Tags: Fundings & Exits, Startups, TC, Ipo, Dropbox, Earnings, File-sharing, Unicorn


Infibeam Q3FY20: Digital payments see a 38% YoY growth even as total revenue sees a 50.4% YoY decline

Digital payment solutions and enterprise software solutions provider Infibeam Avenues Limited saw a 38% YoY growth in its digital payments processing volume and a 12% YoY growth in the number of transactions. It also launched B2Biz, Infibeam’s bulk payment solution, in January 2020. Infibeam Avenues divested itself of the now defunct Infibeam B2C e-commerce marketplace […] ...
Tags: Travel, News, Earnings, Infibeam, Infibeam Avenues Limited, Earnings Dec-19


Zillow’s iBuyer sends revenue soaring in Q4, beats expectations

The company's revenue jumped 158 percent year-over-year during the final months of 2019 — far more than analysts had expected.
Tags: Florida, Texas, Technology, Wall Street, Los Angeles, Radio, Earnings, Zillow, Orlando, Industry News, Markets & Economy, Select, Rich Barton, iBuyer, Zillow Offers, Ibuying


Shemaroo Q3FY20: Revenues from digital media up by 13.2% YoY even as traditional media’s drop by 54% YoY

Shemaroo’s revenues from its digital operations saw a 13.2% YoY growth as its revenues from traditional media dipped by 54.1% YoY in Q3FY20. Revenue share of digital business increased from less than 10% in FY14 to over 30% in FY19. The company intensified its digital operations and expanded the market for its online streaming platform, […] ...
Tags: Travel, News, Earnings, Shemaroo, Earnings Dec-19


Apple will miss revenue forecast as coronavirus impacts its manufacturing and sales

Today Apple announced that its prior financial forecast, provided during , is no longer valid. In a letter to investors today, the technology giant said that it “do[es] not expect to meet the revenue guidance we provided for the March quarter” due to impacts stemming from the coronavirus that has shuttered large parts of China, and is reverberating through the global economy. In its letter Apple said that its prior guidance was based on its “best estimates about the pace of return to work fo...
Tags: Apple, TC, China, Singapore, Tech, Earnings, Cupertino, Foxconn


Apple will miss revenue forecast as coronavirus impacts its manufacturing, sales

Today Apple announced that its prior financial forecast, provided during , is no longer valid. In a letter to investors today, the technology giant said that it “do[es] not expect to meet the revenue guidance we provided for the March quarter” due to impacts stemming from the coronavirus that has shuttered large parts of China, and is reverberating through the global economy. In its letter Apple said that its prior guidance was based on its “best estimates about the pace of return to work fo...
Tags: Apple, TC, China, Singapore, Tech, Earnings, Cupertino, Foxconn


Naukri billings up 8.5% YoY, 99Acres billings up 10.9% YoY: Q3FY20

InfoEdge, which operates Naukri, 99Acres, Jeevansaathi, and Shiksha, saw a 10.3% YoY growth in billings to Rs 299.9 crore in Q3YFY19-20. Net sales (Revenue): Rs 320.5 crore, up 14% YoY from Rs 281.1 crore Total income: Rs 340.9 crore, up 9.7% YoY Billings in Q3FY19-20 Naukri: Rs 210 crore, up 8.5% YoY 99Acres: Rs 54.3 […] ...
Tags: Travel, News, Earnings, InfoEdge, 99acres, Jeevansathi, Shiksha, Naukri, Earnings Dec-19, Jeevansaathi


Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate

Alibaba issued its latest earnings report yesterday, and as part of that the Chinese eCommerce giant reported that cloud revenue grew 62% to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time. Alibaba also announced that it had completed its migration to its own public cloud in the most recent quarter, a significant milestone because the company can point to its own operations as a reference to potential customers, a point that Daniel Zhang, Alibaba executive chai...
Tags: Travel, Google, Amazon, Cloud, Asia, Enterprise, Microsoft, China, Alibaba, Earnings, Reuters, Zhang, Synergy Research, Alibaba Cloud, Google Alibaba, Daniel Zhang Alibaba


How much does a stream on Spotify pay?

As streaming is now the main way people listen to music in a lot of the world, how much is a single stream on one of the world’s biggest services worth? Unfortunately there is no single answer to this question. Streaming rates vary based on a bunch of different things. Streaming payouts differ in every country, so if you have a Spotify fan in India their streams are going to pay differently to a stream in the US. It also depends on what version of Spotify your listeners are using. Premi...
Tags: Spotify, Music, India, US, Streams, Pay, Music Streaming, Earnings, Streaming, Stream, Earn, Digital Music News, Royalties, Music Distribution, Payout, Music Streaming Services


76% of IRCTC profits came from e-ticketing: Q3FY20

76% of IRCTC’s profits and 32% of its revenue came from internet ticketing for the quarter ended December 31, 2019. IRCTC, the Indian Railways’ ticketing & services arm, reported its second quarterly financials report ever since it went public in October 2019. E-ticketing and catering accounted for 70% of IRCTC’s revenue for Q3FY20. 1. E-ticketing […] ...
Tags: Travel, News, Earnings, Indian Railways, IRCTC, Earnings Dec-19


Vodafone Idea Q3FY20: Data consumption up 29% YoY even as losses continue

Vodafone Idea, one of India’s largest mobile operators, reported a 5.53% quarterly increase in broadband (3G+4G) subscribers for the quarter ended December 31st 2019 (Q3FY20), even as its overall subscriber base declined 2.28% quarter on quarter. Data consumption on the Vodafone Idea network was up 29.08% YoY. The Numbers Subscriber base Subscribers: 304 million, down […] ...
Tags: Travel, News, India, Vodafone, Earnings, Idea, Vodafone Idea, Earnings Dec-19


YouTube creators get tipped cash with their new monetisation tool

YouTube are adding ‘Viewer Applause’ so that viewers can throw virtual tips at live streamers and videos. YouTube have begun testing a new feature with creators that allows their viewers to send them cash tips. The feature called Viewer Applause will give creators even more ways to earn money on YouTube. It’s similar to Twitch’s Cheer feature except will work in straight currency, as opposed to buying a virtual currency to use. It will also be a set flat-rate for each applause so viewer...
Tags: Music, Youtube, Cash, Creators, New Zealand, Earnings, Twitch, Cheer, Monetize, Viewers, Applause, Digital Video News, Monetisation, Monetise, Monetised, Super Stickers


Dismal Earnings Reports Lands, Nissan Cuts Profit Forecast Again

Nissan has handed in its third-quarter 2019 earnings report, and the grades are bad. Missing analyst expectations, the automaker’s operating profit fell 83 percent in the first 9 months of the fiscal year, with revenues down 12.5 percent. That leaves Nissan with an operating margin of 0.7 percent — down three percentage points from this […] The post Dismal Earnings Reports Lands, Nissan Cuts Profit Forecast Again appeared first on The Truth About Cars.
Tags: Sales, Autos, Earnings, Nissan, News Blog, Financial Report, Profit Forecast


ALTBalaji had 1.5 million active direct subscribers as of December 2019

ALTBalaji had 1.5 million active direct subscribers as of Q3FY20 (ended December 31, 2019), this indicates that most of ALTBalaji’s subscribers come from the indirect route i.e. via telco and DTH partnerships. The company disclosed subscriptions sold in Q3, but ALTBalaji had sold 20.1 million subscriptions in FY19 as of September 12, 2019 and had […] ...
Tags: Travel, News, Earnings, Streaming, Balaji Telefilms, ALTbalaji, Earnings Dec-19


MakeMyTrip Q3FY20: Rajesh Magow becomes group CEO; coronavirus impacts outbound travel; revenue up 16% YoY:

Co-founder and India CEO Rajesh Magow is replacing Deep Kalra as group CEO of online travel company MakeMyTrip. Kalra is transitioning to the role of Executive Chairman. Magow will focus on driving growth in the three core brands — MakeMyTrip, Goibibo, and Redbus. Kalra will focus on product innovation and expansion, geographic growth, business model […] ...
Tags: Travel, News, India, Earnings, Makemytrip, Deep Kalra, Online Travel Agency, Goibibo, Redbus, Rajesh Magow, Earnings Dec-19, MakeMyTrip Kalra, Magow, Redbus Kalra


Redfin blows away expectations, posts $233M in revenue

The company's revenue jumped a whopping 88 percent year-over-year during the final 3 months of 2019. Here's some key stats worth paying attention to.
Tags: Wall Street, Radio, Earnings, Redfin, Glenn Kelman, Industry News, Markets & Economy, Brokerage, Select, Redfin Now, iBuyer


Profitability expectations ding Lyft despite better-than-expected growth

Hello and welcome back to our regular look at private companies, public markets and the gray space in between. This afternoon we’re digging into Lyft’s earnings results, unpacking the company’s performance, the market’s expectations and why shares in the American ride-hailing giant are off in after-hours trading. Lyft’s earnings — following Uber’s own results that promised investors a quicker-than-anticipated path to (adjusted) profits — and the market’s reaction to its performance, provide a...
Tags: Startups, TC, Transportation, Lyft, Uber, Tech, Earnings, EBITDA, Ride-hailing Apps


Record Sales, Lackluster Earnings As Mercedes-Benz Shoves Cash Into Evs

Mercedes-Benz sold a record 2,385,400 passenger vehicles around the globe in 2019, topping the previous year’s tally by some 3,400 units, and subsequently brought in more money while doing it. Revenue rose 3 percent, the automaker said in its end-of-year earnings report, but that intake didn’t translate into more profit. Far from it. As the […] The post Record Sales, Lackluster Earnings As Mercedes-Benz Shoves Cash Into Evs appeared first on The Truth About Cars.
Tags: Sales, Green, Electric Vehicles, Profit, Autos, Earnings, Mercedes Benz, EVs, Daimler, Electrification, News Blog, Product Planning, Future Models, Cost-cutting, Mercedes Benz Shoves Cash Into Evs


Refer a friend to RouteNote and earn more money

Tell your friends about us and help them sign up to RouteNote and you can make money on every stream they get. Do you have musician friends looking for a way to get their music online? You know a band ready to release their first album and don’t know how to get it out there? How about a producer friend that you’ve finally convinced to release their tracks to the world? Give them a hand and point them in the direction of us with a referral code from your own free RouteNote account and yo...
Tags: Spotify, Music, Streams, Itunes, Music Streaming, Earnings, Streaming, Music Services, Revenues, Streaming Services, Apple Music, Routenote, Make Money, Referrals, Earn Money, Refer A Friend


Unpacking Uber’s new profitability promise

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday Uber reported its Q4 2019 financial performance. Today, following the news, shares of the ride-hailing giant are up over 9%, pushing Uber’s stock above $40 per share. While Uber’s shares are still under its $45-per-share IPO price, the company’s earnings report appears to indicate that there may be an end in sight for Uber’s infamous losses. After promising to reach...
Tags: TC, Lyft, Uber, Tech, Earnings, On-demand, Ride Hailing


Twitter’s monetisable daily active users increase by 20.6% YoY to 152 million in Q4FY19

Twitter’s average monetisable daily active users (mDAU) increased by 20.6% to 152 million in Q4FY19 from 126 million Q4FY18, and 145 million in Q3FY19 (4.8% increase). While mDAUs in the US grew marginally sequentially to 31 million from 30 million, the international market saw mDAUs grow from 115 million in Q3 to 121 million in […] ...
Tags: Travel, Twitter, News, US, Social Media, Earnings, Earnings Dec-19


Industry needs to move up to an ARPU of Rs 300 in the long run; India needs a 3-player market: Airtel

After Bharti Airtel reported a 5.3% sequential growth to Rs 135 in Average Revenue per User (ARPU) in Q3FY20, CEO Gopal Vittal, during a call with investors, said that the telecom industry needs to move up to an ARPU of Rs 300 in the long run. At an ARPU of Rs 200, “we will barely […] ...
Tags: Travel, News, India, Telecom, Earnings, Airtel, Bharti Airtel, Telecom Operators, Gopal Vittal, Earnings Dec-19


Realtor.com sees growth, parent company revenues fall

The parent company of realtor.com owner Move also said revenue from its real estate services declined 5 percent year-over-year.
Tags: Wall Street, Radio, Earnings, The Wall Street Journal, Robert Thomson, News Corp, Zillow, Move, Industry News, Markets & Economy, Select, Realtor.com, Opcity


News Corp. posts $2.48B in revenue, barely misses expectations

The parent company of realtor.com owner Move also said revenue from its real estate services declined 5 percent year-over-year.
Tags: Wall Street, Radio, Earnings, The Wall Street Journal, Robert Thomson, News Corp, Move, Industry News, Markets & Economy, Select, Realtor.com, Opcity


Spotify’s 2019 report shows they will soon hit 300 million users

An impressive year for Spotify saw their growth rocket for users across the world with a massive uptake of paying subscribers. Confidently introducing themselves as the “World’s #1 Audio Platform” Spotify have released their results for 2019’s Q4 and the year at large. The report shows a great year for growth and how their service has been expanding beyond music. Spotify ended the year with 271 million Monthly Active Users (MAUs) around the world, a 31% year-on-year increase. Their payi...
Tags: Spotify, Music, Podcasts, Obama, Global, Report, Earnings, Year In Review, Growth, Subscribers, Users, Digital Music News, Premium, Listeners, 2019, Yearly Review


Spotify’s Premium subscribers grew by 29% to 124 million in Q4FY19, acquires podcast company The Ringer

Spotify saw a 31% YoY increase in MAUs to 271 million, a 200% YoY growth in podcast hours streamed, and a 29% YoY growth in Premium subscribers to 124 million in Q4 2019. Revenue grew 25% YoY to €1.85 billion, with Premium revenues “slightly better” and subscription revenue slightly weaker than forecast. Premium revenue was […] ...
Tags: Travel, Spotify, Music, News, Earnings, Earnings Dec-19


Airtel posts loss of Rs 1,035 crore in Q3; ARPU at Rs 135

Bharti Airtel posted a net loss of Rs 1,035 crore in Q3FY20 — its third quarterly loss — though, the net loss narrowed significantly from a whopping Rs 23,045 crore in Q2FY20. Meanwhile, the company’s Average Revenue Per User (ARPU) gained considerable ground, and reached Rs 135 in Q3, compared to Rs 128 in the […] ...
Tags: Travel, News, Telecom, Earnings, Airtel, Bharti Airtel, Telecom Operators, Earnings Dec-19


What to do when selling your music online

So you’ve finished your album and published it via RouteNote, but now what? With tens of millions of tracks on stores and streaming services, you need to stand out and promote your content to make sure it’s seen and heard. We have some handy tips to making sure your music makes the impact it deserves. Track your tracks – RouteNote makes it easy to keep an eye on your statistics and earnings. Find out which stores and countries are streaming and buying which tracks the most.Customize your S...
Tags: Facebook, Spotify, Music, Instagram, Youtube, Social Media, Sharing, Stats, Online, Report, Itunes, Earnings, Streaming, Statistics, Buying, Apple Music


Disney+ already has 26.5M subscribers

The Walt Disney Company just announced that its streaming service Disney+ has 26.5 million paying subscribers — ahead of the already-impressive 25 million predicted by Wall Street analysts. Disney+ launched on November 12 and is not yet available globally. The day after the launch, the company said the service already had more than 10 million subscribers. Disney also released subscriber numbers for ESPN+ (6.6 million) and Hulu, where it owns a controlling stake (27.2 million for subscription ...
Tags: Verizon, Media, Entertainment, Disney, US, Tech, Netflix, Earnings, Walt Disney Company, Espn, Hulu, The Walt Disney Co, Robert Iger, ESPN Disney, Disney ESPN


Disney+ already has 28.6M subscribers

The Walt Disney Company just announced that its streaming service Disney+ has 26.5 million paying subscribers — ahead of the already impressive 25 million predicted by Wall Street analysts. (Update: On the earnings call, CEO Bob Iger said the Disney+ subscriber number has grown to 28.6 million as of February 3.) Disney+ launched on November 12 and is not yet available globally. The day after the launch, the company said the service already had more than 10 million subscribers. Disney also rel...
Tags: Verizon, Media, Entertainment, Disney, US, Tech, Netflix, Earnings, Walt Disney Company, Iger, Espn, Hulu, TechCrunch, The Walt Disney Co, Robert Iger, Bob Iger