Facebook’s advertising revenue jumped 50 percent, year on year, according to financial results released overnight. The social media giant appears to have seen little financial impact from a tumultuous 2018, reporting a net income just under $US 5 billion. The company’s revenue so far in 2018 is $11.97 billion, up
Netflix has again beaten analyst expectations and added 7.41 million new subscribers in Q1, according to the streaming giant’s latest results. That number exceeds analysts’ forecasts of 6.32 million and takes Netflix’s total subscriber base to 125 million. Q1 revenue was US$3.7 billion, up from US$2.6 billion in Q1 2017.
Twitter has recorded its first ever profitable quarter thanks to a return to revenue growth and cost cutting. The company brought in $91 million in profit off revenue of $732 million in the fourth quarter of 2017. That news sent the company’s stock to a high of $35.00, before closing
Snap shares soared over 25 per cent following Q4 2017 financial results which revealed strong growth in daily active users (DAU) and higher than expected revenue. WHICH-50 Reader Survey: Help us improve Which-50 by taking our annual reader survey. You can also win prizes including Google Home, Google Home Mini,
Alphabet – Google’s parent company – recorded sales of $US32.3 billion in the last quarter of 2017, up 24 per cent, but the profit result of 9.70 a share missed consensus estimates of $9.96. Total revenues for the year grew 23 per cent to just under $111B. WHICH-50 Reader Survey: Help
The Amazon juggernaut rolls on. The company’s Q4 financial results show strong holiday sales and more strong growth from Amazon’s cloud platform, Amazon Web Services (AWS). Amazon’s share price rose 6 per cent on the news of the results, which beat analyst expectations. WHICH-50 Reader Survey: Help us improve Which-50
Netflix has announced further strong growth in both subscribers and operating revenue, while company executives talked down the threat of growing competition in the streaming market. WHICH-50 Reader Survey: Help us improve Which-50 by taking our annual reader survey. You can also win prizes including Google Home, Google Home Mini,