Earnings Preview: How low can Zynga go?
Saturday, November 3, 2012 10:50 AM
Posted by gamefbi
Investors, already expecting a third-quarter loss for online game company Zynga Inc. on Wednesday, will be looking for steps the company is taking to revive growth and cut costs.
Google whiffs on earnings expectations, share price instantly plummets 9%
Monday, October 22, 2012 11:26 AM
Posted by gamefbi
Google (GOOG) missed its projected profits by a fair margin last quarter, posting earnings per share of $9.03 versus expectations of $10.65 per share and revenues of $11.33 billion on expectations of $11.86 billion. The company had been scheduled to post its earnings after stocks closed Thursday but it instead released its earnings hours early. One big stone around Google’s neck last quarter was its Motorola Mobility unit, which posted an adjusted operating loss of $151 million, or roughly 6% of Motorola’s total revenues. Google’s share price plummeted by 9% immediately after the earnings were released early.
A look at recent tech-industry earnings
Tuesday, June 5, 2012 4:05 PM
Posted by gamefbi
Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy: