Demand Media Posts First Earnings Report as Public Company
Demand Media posted its fourth quarter financial results today – the company’s first earnings report since going public last month. Demand posted revenue of $73.6 million, an increase of 33% compared to $55.5 million in the same quarter the previous year. Income from operations was $2.8 million compared to a net loss from operations of […]
Microsoft Chalks Up Win With Earnings Report
The three-month period ending September 30th – which Microsoft almost inexplicably refers to as the first quarter of its 2011 fiscal year – was good to the company. Microsoft shared its earnings report this afternoon, and it beat analysts’ estimates by a large margin. The consensus estimate regarding revenue, for example, was $15.8 billion. Microsoft […]
Flickr Co-founder’s Startup Hunch Raises $10 Million
Hunch, a New York City-based startup founded by Flickr co-founder Caterina Fake and SiteAdvisor founder/angel investor Chris Dixon, has raised $10 million in funding for its questions and recommendations site. Nearly a year ago, Ms. Fake revealed her new startup to the world. Her goal: to create a service that would help people make decisions […]