Groupon reported a $0.12 adjusted loss per share today, missing analyst expectations and sending its stock tumbling after hours.
Groupon Stocks Tumble on News of Weak Quarter
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Mediabistro Event
We're kicking off our upcoming Social Media Marketing Boot Camp with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here.
Build a Social Business with the Digital Producer at Anderson Cooper 360°
We're kicking off our upcoming Social Media Marketing Boot Camp with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here. LinkedIn to Launch Sponsored Posts
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’s Revenue Grew 86% in 2012
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, Still in the Red, Reports Solid Sales Numbers From 2012
Yelp reported a loss of $19 million in 2012, but its sales revenue grew 65 percent.
Zynga Lost $28.6 Million in Q4, But Beat Market Expectations
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 Sees Bump in Annual Revenues Under Mayer Leadership
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.
Google Boosted Profits in Fourth Quarter
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.
