Tucows reported earnings for quarter ending September 30, 2010, after the market closed today. Net revenue for the third quarter of 2010 increased 3.5% to $21.2 million from $20.5 million for the third quarter of 2009. Net income for the third quarter of 2010 was $1.1 million, or $0.02 per share, compared with net income of $5.2 million, or $0.08 per share, for the third quarter of … [Read more...]
Google To Give EVERY Employee At Least a 10% Raise: Total Cost $1 Billion Dollars
As our PPC revenues continue to decline, today comes the news that Google is going to give everyone of their 23,000+ employees at least a 10% raise come January 1, 2011. According to the BusinessInsider.com, not only will every Google employee receive a raise but each will receive a Tax Free $1,000 end of year bonus. Tax free in that Google will pay the taxes that each employee would owe on … [Read more...]
Why Doesn’t The Market Like All The QuinStreet Domain (Site) Purchases?
Today's news that Quinstreet has bought yet another category killer insurance domain, this time CarInsurance.com for $49.7 million. Within the last year Quinstreet has spent over $100 Million Dollars in insurance domains (sites), with this purchase added to the acquisition of Insurance.com and Insure.com. Yet despite having acquired the premiere Internet properties in the insurance space, … [Read more...]
VeriSign Profits Up 10%, Registrations Up 10%: 103.5 Million .Com/.Net domains
Verisign reported earnings after the market closed today. VeriSign, Inc. reported revenue of $173 million from continuing operations for the 3rd quarter of 2010, up 2% from the prior quarter and up 10% from the same quarter in 2009. VeriSign reported net income of $785 million or $4.48 per share for the 3rdquarter of 2010, reflecting a net gain of $737 million, net of tax of $244 million, on … [Read more...]
Yahoo Revenue Up 2%, Outlook Is down
After the stock market closed today, Yahoo reported its earnings for the quarter ended September 30, 2010. Revenue was $1,601 million for the third quarter of 2010, a 2% increase from the third quarter of 2009. Income from operations for the third quarter of 2010 was $189 million, an increase of 107%. Excluding restructuring charges of $17 million in the third … [Read more...]
Google Has Blowout Quarter: Income Up 23%; Earnings Up 18%; Clicks Up 16%
After the stock market closed today Google reported that it profits for the 3rd Q 2010 blowing away the projections and causing the stock to rise almost 10% in after hours trading. Revenues jumped 23% to $7.3 billion, from $5.94 billion last year. Net income was up 18% to $2.2 billion Google said it earned $7.64 per share, while Analysts forecasted earnings of $6.69 per share. Net … [Read more...]
ComScore.com: Google Increases Its Market Share Of Search With Google Instant In September
comScore, Inc. released its monthly qSearch analysis of the U.S. search marketplace. Google had a 66.1% share all searches, an increase of 0.7% from August 2010. Yahoo finished second with a 16.7% search share down from 17.4% in August while bing.com held steady with 11.2% Ask.com and Aol.com accounted for the balance of search share. The September 2010 qSearch figures reflect the … [Read more...]