Groupon reported a $0.12 adjusted loss per share today, missing analyst expectations and sending its stock tumbling after hours.
LinkedIn is testing sponsored posts from a select set of corporate partners and expects to roll them out for all users in 2013, executives said in a call with analysts following the release of the company’s 2012 financials.
LinkedIn has reported an 86 percent growth in revenue for 2012, with $972.3 million in revenue compared to $522.2 million in 2011.This includes $303.6 million in revenue in quarter four, which represents an 81 percent increase year over year.
Yelp reported a loss of $19 million in 2012, but its sales revenue grew 65 percent.
Zynga reported a quarterly loss of $28.6 in the fourth quarter of 2012, compared to a loss of $435 in the last quarter of 2011. Its annual loss was $209 million, down from $404 million in 2012.
Yahoo’s 2012 revenue was up 2 percent from the year before, the first such increase since 2008 for the troubled company. Its share price rose slightly in after-hours trading.
After a shaky third quarter, Google’s profits rose by 6.6 percent in the fourth quarter of 2012 to $2.89 billion, as advertising revenue grew despite continued erosion of the average cost-per-click.