Facebook posts Q1 results: $205 million in profit on $1.06 billion in revenue

By on April 23, 2012 at 4:30 PM.

Facebook posts Q1 results: $205 million in profit on $1.06 billion in revenue

Facebook on Monday filed an updated version of its S-1 that included the company’s first-quarter results. The social networking giant saw $1.06 billion in revenue, up from $731 million in the same quarter last year but down from $1.131 billion in the fourth quarter of 2011. Facebook saw net income of $205 million, down from $233 million in the same quarter last year and down $302 million sequentially. The website now has 532 million daily active users, up from 372 million last year and 483 million in December. Facebook’s monthly active user count rose from 680 million last year to 901 million, and users uploaded 300 million photos per day on average while generating 3.2 billion combined likes and comments. The updated filing also reveals that Facebook acquired Instagram for $300 million in cash and 23 million shares of stock.

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AT&T announces Q3 results, iPhone/data gains drive profits

By on October 23, 2009 at 10:51 AM.

AT&T announces Q3 results, iPhone/data gains drive profits

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Yesterday AT&T announced its third-quarter earnings, and while year-over-year revenue was down (along with the rest of the market) Ma’ Bell managed to beat analysts $0.50 earnings per share prediction by $0.04.  Not bad, AT&T. The earnings were largely due to AT&T’s wireless division — 2 million new lines of service and 4.3 million post-paid wireless activations (3.2 million of which were iPhones) — produced a 33.6% percent increase in wireless data revenues bringing this quarter’s total to $3.6 billion. Our fleet of iPhones can probably account for a couple million of that 3.6 number. We’re joking, relax. Hit the press release for all the dirty details.

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Sprint releases Q3 2008 results

By on November 7, 2008 at 3:58 PM.

Sprint releases Q3 2008 results

sprintAs has consistently been the case in recent history, Sprint’s Q3 2008 results show a decline in revenue and a loss of customers. Sprint’s overall revenue fell 12% to $8.81 billion from $10.04 billion a year ago. Sprint’s wireless service also showed a similar decline, losing 13% from last year and 3% from last quarter. The decline in revenues was due primarily to a loss of customers as Sprint’s total number of wireless customers declined by 1.3 million during this quarter alone and almost 3.5 million since Q3 2007. Post paid customers make up the bulk of this loss during the current quarter as 1.1 million post paid customers left Sprint for its rivals. Sprint did have some good news as post-paid ARPU has stayed at $56 compared to Q1 and Q2 2008, primarily due to increase in the numbers of customers using data. Prepaid ARPU also showed a $1 increase from Q2 2008 as the number of Boost Unlimited subscribers also increased. Nonetheless, the take home message is that Sprint is continuing to lose customers at a relatively fast rate. Sprint’s introduction of several customer care programs to keep customers and encourage them to sign up for data plans may help stem the tide of its decline. It also has a decent lineup of new phones but that nagging question still looms, will new phones and new services be enough to compete against the likes of Verizon and AT&T?

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T-Mobile posts Q3 results

By on November 6, 2008 at 3:02 AM.

T-Mobile posts Q3 results

T-Mobile USA announced their Q3 results today, and while they are nothing to write home about, one can certainly forgive them given the current economic climate. Having added 670,000 new users in Q3, the total number of T-Mobile subs now stands at 32.1 million. Sadly for T-Mobile, the new customers aren’t bringing much money to T-Mobile which led to a dismal 0.7%  increase of revenue over Q2 to $5.51 billion. In terms of ARPU, things stayed very much the same at $52 blended and $55 contract, though these numbers are down $1 and $2 respectively from the same time last year.

With sales of the BlackBerry Pearl Flip being way below what analysts expected, the high costs of implementing a 3G network, and the terrible outlook for the world economy, it’s anyone’s guess as to what T-Mobile’s books will look like in three months time. Hang in there, T-Mo. You’ve got some badass phones on the way!

You can check out the entire press release after the jump. More →

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