Google is in the news this weekend. According to comScore, Google's US market share rose to 65.6 % in October, from 65.3% from September. Yahoo fell to 15.2% which I think is a new low. Microsoft's Bing, rose to 14.8%. Google also sent out invites to the media for an event this week to officially launch its Google Music Service, which is in Beta. You can read more about Google Music … [Read more...]
Highlights From Tucows Earnings Call
Tucows had an earnings call after releasing its financial results for the third quarter of 2011. Here are the highlights from the call: Revenue grew by in excess of 18% year-over-year topping $25 million for the first time. Cash provided by operating activities for the quarter was a healthy $1.6 million. In OpenSRS domain services revenue and transaction volumes were each up 19% … [Read more...]
Tucows Swings To a Slight Loss: YummyNames Sells $1.785 Million In Domains & Announces A $10 Million Stock Buy Back Program
Tucows Inc. (NYSE AMEX: TCX, TSX:TC), reported its financial results for the third quarter ended September 30, 2011 after the market closed today. The company had a $.02 loss per share for the quarter vs a $.02 profit for the same quarter last year YummyNames sold $1,785,000 in Domains vs only $1.250 million in the same quarter last year Tucows also announced today a stock buyback … [Read more...]
QuinStreet Misses & Stock Sinks Over 17%
QuinStreet, Inc. (Nasdaq:QNST) a member of our domain name parking index announced its financial results for its fiscal Third Quarter today and missed. Shares sank over 17% to 9.20 a share. The Company reported total revenue of $101.2 million, a decrease of 2% over the same quarter last year. The Company reported GAAP net income of $5.5 million, or $0.11 per diluted share, for the … [Read more...]
Demand Media Reports: Revenue UP 25%; Registrar Revenue Up 20%; Shares Rise 17%
Demand Media, Inc. (NYSE:DMD), reported financial results for the quarter ended September 30, 2011 after the market closed today. Shares of Demand Media which fell over 9% in trading today are back up over 17% in after market trading since the earnings were released at $8.30 a share. Demand has a 52 week low of $5.24 and closed today at $7.06 Here are the highlights: Q311 Financial … [Read more...]
WSJ.com GroupOn.com To Go Public Tomorrow at $20 Per Share
According to the Wall Street Journal, Groupon.com is going public tomorrow on the Nasdaq and is expected to be priced at $20 a share. At $20 a share the company will carry a valuation of Groupon at nearly $13 billion. The company plans on trading under the symbol; GRPN Groupon is offering up to 34.5 million shares in its IPO, representing just 5.4% of the entire company's 637.3 million … [Read more...]
Verisign Reports Earnings: Revenue Up 14%; 112 Million Domain Registrations & Over $1.2 Billion In The Bank
After the market closed today Verisign (NASDAQ: VRSN) reported earnings for the third quarter ended Sept. 30, 2011. VeriSign, Inc. reported revenue of $197 million for the third quarter of 2011, up 4% from the prior quarter and up 14% from the same quarter in 2010. As you can see below the quarter closed with over 112 Million domains registered and Verisign having over $1.2 Billion in the … [Read more...]