Tag Archives: earnings

Slack’s Earnings Detail

Slack’s shares are set to fall sharply this morning, down around 16% in pre-market trading. As the company beat analyst expectations last quarter and guided within range, the selloff might feel a little surprising. Perhaps it shouldn’t. I spoke with a VC last week about what the new benchmark results …

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Zynga Beats Expectations On Earnings, Posts A $3M Profit

Zynga today beat analyst expectations for its third-quarter earnings, bringing in about $176 million in bookings with flat earnings, and revenue of $196 million. Analysts were expecting a loss of 1 cent per share for the company’s earnings. It’s an interesting time for Zynga’s earnings report. Activision Blizzard just yesterday said it …

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Groupon Names Rich Williams CEO In Mixed Earnings Report

The deal service Groupon on Tuesday announced CEO and co-founder Eric Lefkofsky would step down, and Rich Williams would take over the company immediately. The company said Lefkofsky would return to the role of chairman of the board. Williams told TechCrunch in an interview that he plans to renew investment in …

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Groupon Soars 23% On Favorable Earnings

Not dead yet, deal site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth quarter earnings release. The company beat revenue forecasts, bringing in $917 million, instead of the anticipated $846 million, and a 9% year-over-year increase.  Adjusted earnings per share was at four cents, whereas Wall Street …

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