Today is the day where insiders of Facebook (FB) which acquired shares prior to the IPO can start selling them. Typically shares received of a private company are restricted from being sold until 6 months after the company goes public. Usually these shares are held by true insiders of a company; their officers, directors and shareholders but in the case of Facebook there was a lot of VC … [Read more...]
Tucows Reports: Revenue Up 22% & YummyNames.com Sells $1.6 Million In Domains
Tucows Inc. (NYSE AMEX:TCX) (TC.TO), reported its financial results for the second quarter ended June 30, 2012 after the market closed today. Net revenue for the second quarter of 2012 increased 22% to a record $28.2 million from $23.0 million for the second quarter of 2011 and was driven by growth in each of the Company's three service categories. Tucows sold just about $1.6 million in … [Read more...]
Demand Media’s White Paper On New gTLD’s
Demand Media, Inc. published a white paper (pdf) on the new gTLD's today and I found it an interesting read. The paper is entitled: "The Opportunity for generic Top Level Domains (gTLDs) Some of the highlights: "After years of planning and debate, a big change is coming to the way organizations and individuals identify themselves online. The characters to the right of the last dot -- … [Read more...]
Neustar Reports: Revenue Up 40% & Has $235 Million In the Bank
Neustar, Inc. (NYSE: NSR), announced results for the quarter ended June 30, 2012 and increased its guidance for full-year 2012. Neustar operates several TLD's including .biz and .Us and was the back end provider with the most number of new gTLD applications: GAAP Results for Second Quarter 2012 Compared to Second Quarter 2011 Revenue increased 40% to $206.5 million Income from … [Read more...]
Verisign Reports: Revenue Up 13%: 118.5 Million .com/.net Domains & Has A 50% Profit Margin
VeriSign, Inc. (VRSN), the company that has the contract to run the .com and .net registries, reported financial results for the second quarter ended June 30, 2012 after the market closed. VeriSign, Inc. reported revenue of $214 million for the second quarter of 2012, up 13% from the same quarter in 2011. "Verisign reported net income of $68 million and diluted earnings per share (EPS) of … [Read more...]
Google Reports: Revenues Up 35%, Paid Clicks Up 42%; Cost Per Click Down 16%; $43 Billion In The Bank
Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter ended June 30, 2012. As you will see below total revenue was up 35% paid clicks were up 42% but the cost per click was down 16%. Google ended the quarter with $43 Billion in the bank and with the acquisition of Motorola now has almost 55,000 employees Share of Google which we up over 2% during trading today are … [Read more...]
Yahoo Reports Flat Revenue
After the market closed today Yahoo.com (YHOO) reported its results for the quarter ending June 30, 2012 and in one word the results were "flat" Even shares of the company are trading after hours basically Flat. Q2 revenue missed consensus estimates slightly, but earnings per share that topped expectations. Revenue excluding traffic acquisition costs (“Revenue ex-TAC”) was $1,081 million … [Read more...]