Marchex Reports Earnings & Sells 2.6 Million in Domains - Marchex, Inc. (NASDAQ:MCHX) today reported its results for the quarter ended March 31, 2012 and reported that year to date, including April 2012 has sold $2.6 Million in domains.
According to the earnings report Marches sold $1.5 Million January-March and another $1.1 Million in April.
Overall Marchex basically matched there year ago results which were in line with market expections and the stock remained basically unchanged in trading right about at its 52 week low
Here are the rest of the results
First ... read more ...
Tag Archives: Publicly Traded Domain Co
Fri 4th May 2012
Wed 2nd May 2012
Web.com Owner Of Register.com & NetworkSolutions.com Reports Beating Estimates & Stock Rises 20% - Web.com Group, Inc. (WWWW), the owner of two of the worlds largest registrars, NetworkSolutions.com and Register.com announced results for the first quarter ended March 31, 2012 beating estimates and the stock was up almost 20% on the news.
Revenue increase more than 100%.
Summary of First Quarter 2012 Financial Results:
Total revenue, was $91.5 million for the first quarter of 2012, compared to $39.5 million for the first quarter of 2011.
Operating loss, calculated in accordance with GAAP, was $18.5 ... read more ...
Tue 1st May 2012
QuinStreet’s Revenue & Profits Tank & So Does The Stock - Quinstreet (QNST) reported its earnings for the 1st quarter of 2012 and the nine months ended March 31, 2012, today and they reported lower revenue and earnings than the street was expecting.
Compared to the prior-year quarter, revenue dropped and earnings per share dropped significantly.
QuinStreet revenue was $93.0 million which was down 14% over the same quarter last year, where they reported $107.7 million.
The street was looking for revenue of $102.6 million.
For the nine month period, the ... read more ...
Mon 30th April 2012
Demand Media Jumps 40% In Pre-Market - Following the story this weekend that Demand Media, Inc. (DMD) turned down an offer of $1.2 Billion dollars a 100% premium to its closing price of Friday, it looks like Demand is going to open Way up this morning.
In pre-market trading shares of Demand are up almost 40% currently at $9.95 a gain of $2.70 from Friday’s close.
We will let you know later today how the stock fared.
Google+Michael Berkens ... read more ...
Sat 28th April 2012
Demand Media Turns Down $1.2 Billion To Go Private - Allthingsd.com is reporting that Demand Media, Inc. (DMD) turned down $1.2 Billion dollars in a deal that would have taken the company private this past week.
The current market cap of Demand Media is $620 Million at the closing share price on Friday of around $7.25 a share. Demand is off 65% of its market cap when it went public at $17 a share.
“According to the report, “Demand Media was deep into discussions with a private equity firm to complete a deal that would have taken the online ... read more ...
Thu 26th April 2012
Verisign Reports 1st Q: Revenues Up 13%, Net Up 67%; 116.7 Million .com/.net Domains & 1.39 Billion In The Bank - VeriSign, Inc. (NASDAQ: VRSN), reported its financial results for the first quarter ended March 31, 2012 after the market closed today.
“VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $206 million for the first quarter of 2012, up 13% from the same quarter in 2011. ”
“Verisign reported net income of $68 million and diluted earnings per share (EPS) of $0.42 for the first quarter of 2012, compared to net income of $41 million and diluted EPS of $0.24 in the same quarter ... read more ...
Wed 18th April 2012
As Marchex Hits A 52 Week Low It Sells GameGlobe.com For $50,000 - Just coming across the Sedo sales wire is the domain name GameGlobe.com which is owned by Marchex.com (MCHX) which just sold for $50,000
The domain sale is still in escrow at Sedo so we will have to wait to see who the buyer is.
Doing a search on Google I don’t have a good guess as to whom the buyer might be or why they were willing to pay $50K for the domain, other than its game related.
Snow Globe I get Game Globe not so much.
Any help from the readers would be appreciated on this one.
On a related ... read more ...
Tue 17th April 2012
Yahoo Reports: Revenue Up 1%; Search Revenue Up 8%; Earnings Per Share Up 38% - After the market closed today, Yahoo! Inc. (NASDAQ: YHOO) reported results for the quarter ended March 31, 2012.
Revenue excluding traffic acquisition costs was $1 Billion for the first quarter of 2012, a 1% increase from the first quarter of 2011.
Income from operations decreased 11 % to $169 million in the first quarter of 2012, compared to $190 million in the first quarter of 2011.
Net earnings per diluted share increased 38% to $0.23 in the first quarter of 2012, compared to $0.17 in the first ... read more ...
Thu 12th April 2012
Google Reports: Revenues Up 24% Clicks Up 39%; Average Cost Per Click Down 12% Ends Q With $50 Billion In The Bank - Google (NASDAQ: GOOG) today announced financial results for the quarter ended March 31, 2012 after the market closed today
Google reported revenues of $10.65 billion for the quarter and Google ended the Quarter with $50 Billion in the Bank.
Q1 Financial Summary
Google reported revenues of $10.65 billion for the quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011.
Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition ... read more ...
Mon 5th March 2012
Yahoo Set To Layoff “Thousands Of People” & Restructure - According to AllthingsD.com, “Yahoo’s CEO Scott Thompson is preparing a massive restructuring of the company, including layoffs that are likely to number in the thousands.”
The report goes on to say the changes and layoff will be announced by the end of March.
“Also among those being considered for targeting: Public relations and marketing, research, marginal businesses and weaker regional efforts.”
“Some parts will be cut away, leaving resources to go to better efforts,” said one person ... read more ...
Wed 29th February 2012
Grandparents.com Last Sold In 2010, Becomes A Public Company & Raises $3 Million - Grandparents.com, Inc., has become a public company.
The domain was acquired by the owners in 2010.
According to a Press Release today, “the company formerly known as NorWesTech, Inc. (OTCBB: NWTH), a Delaware corporation (the “Company”), announced today that it completed a reverse acquisition transaction with Grandparents.com, LLC (“GP”) in which GP contributed substantially all of its assets to the Company in exchange for which the Company assumed certain liabilities of GP and issued ... read more ...
Mon 27th February 2012
Google Blogs About Out 40 Changes It Made In February - Google just published on its blog, 40 changes to search quality
“This month we have many improvements to celebrate. With 40 changes reported, that marks a new record for our monthly series on search quality. Most of the updates rolled out earlier this month, and a handful are actually rolling out today and tomorrow. We continue to improve many of our systems, including related searches, sitelinks, autocomplete, UI elements, indexing, synonyms, SafeSearch and more. Each individual change is subtle ... read more ...
Sun 19th February 2012
Demand Media Plans On Investing $5 Million In New gTLD’s - As part of Demand Media’s earning report, it appears Demand Media has plans for applying for a number of new gTLD’s.
In the section of the earnings report “looking forward” to 2012 to serve as guidance to investors of the company’s Demand states:
“”Excluding up to $5 million of 2012 operating expenses, which the Company expects to incur related to its generic Top Level Domain (“gTLD”) initiative”
Demand Media did not address its $5 Million dollars anticipated investment in the ... read more ...
Sat 18th February 2012
Marchex Reports Earnings: Sells $2.3 Million In Domains In 4th Q and $9.4 Million in 2011 - Marchex, Inc. (NASDAQ:MCHX) reported its results for the quarter ended December 31, 2011, on Thursday after the market closed.
Shares of March fell over 5% on Friday following the earnings report to close at $4.80 a share, giving the company a lower market cap, once again, than the $165 million dollar purchase of the domain name portfolio of Yung Yee.
According to the earnings report Marchex sold during the fourth quarter, $2.3 million in domain names and sold $9.4 million for 2011
Here are the ... read more ...
Fri 17th February 2012
Web.com Owner Of Network Solutions & Register.com Reports - Web.com Group, Inc. (Nasdaq:WWWW), announced results for the fourth quarter and full year ended December 31, 2011 yesterday after the market closed.
Web.com owns Register.com and purchased NetworkSolutions.com last year.
Shares rose over 2% in aftermarket trading last night after the earnings were announced
Summary of Fourth Quarter 2011 Financial Results:
Total revenue, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $73.6 million for the fourth quarter of ... read more ...
Thu 16th February 2012
Demand Media Reports A Loss: Content Revenue Up 15%; Registrar Revenue Up 17% & Has $86 Million In The Bank - Demand Media (NYSE: DMD) reported its earnings for the 4th quarter of 2011 after the market closed today.
Shares of Demand are up over 2% in after hours trading, but fell almost 5% in trading today.
Q4 2011 Content Media revenue ex-TAC grew 15% year-over-year and increased 5% compared to the third quarter of 2011. The 5% sequential improvement represented the second consecutive quarter of accelerating sequential growth and included the return to sequential growth for eHow for the first time since ... read more ...
Mon 6th February 2012
Yahoo! Tells Tsavo Media Its Owes Them $4.8 million For Sending Low Quality Traffic to Yahoo Advertisers - According to a Press Release today Cyberplex Inc. (TSX:CX), subsidiary, Tsavo Media will have to repay Yahoo! approximately $4.8 million over a reasonable time period” for sending low quality traffic to Yahoo advertisers.
“Yahoo! is retroactively charging Tsavo for what Yahoo! is now saying was actually low quality traffic, ranging back over many months during 2011.”
“While the Company and Yahoo! remain in discussions on this issue, the Company now expects that Yahoo! will enforce its ... read more ...
Mon 30th January 2012
3 Founders Of Demand Media Are Out -
According to paidcontent.org, three founders of Demand Media (NYSE: DMD), Larry Fitzgibbon, Joe Perez, and Steven Kydd are leaving the company.
All three had been with the company for seven years.
Kristen Moore, VP of corporate communications for Demand confirmed the report of paidContent, who said most of their duties will be passing on to Michael Blend, EVP of Media Marketplace for the company, after a transition period of a couple of weeks.
PaidContent.org also listed the 8-K filed for Fitzgibbon ... read more ...
Tue 24th January 2012
Yahoo Reports Earnings - Yahoo Inc. reported its earnings for the 4th Quarter of 2011 after the market closed today and posted a quarterly profit of $296 million, or 24 cents a share, compared with earnings of $312 million, in the same period a year ago.
Net revenue, excluding costs associated with acquiring traffic, came in at $1.17 billion, down 3% from the 4th quarter of 2010 of $1.2 billion.
Still the earnings and revenue where pretty much in line with expectations and shares of Yahoo are trading basically unchanged ... read more ...
Mon 23rd January 2012
Tucows Publishes Results Of Its Tender Offer - According to a press release today Tucows has repurchased millions of shares of its own stock based on an Oversubscribed tender offer.
Here is the PR:
“Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), aannounced today the preliminary results of its modified “Dutch auction” tender offer, which expired on Friday at 5:00 p.m..
Tucows expects to purchase up to 7,569,952 shares of its Common Stock at a purchase price of $0.77 per share, for a total of $5,828,863.
The 7,569,952 shares expected to be purchased ... read more ...
Thu 19th January 2012
Google Reports Earnings & Misses: Clicks Up 34% But Cost Per Click Down 8%: Stock Is Down 10% - Google reported its earnings for the 4th quarter of 2011 after the market closed today and missed its expected results.
The stock is trading down $60 a share after hours or almost 10% after reporting.
Revenue in the three months ended in December rose 25% to $8.13 billion, yielding EPS of $9.50.
Analysts had been $8.43 billion and $10.51 per share in profit.
Google ended the quarter with over $44 Billion in the bank.
Here is the earnings report:
Q4 Financial Summary
Google reported revenues of $10.58 ... read more ...
Tue 17th January 2012
Founder Of Yahoo Jerry Yang Resigns from Yahoo Board & Stock is Up - Jerry Yang one of the co-founders of Yahoo has resigned from its board of directors and the share of Yahoo are up 3.5% in after hours trading
Here is the press release:
“”Yahoo! Inc., the premier digital media company, today announced that Jerry Yang has resigned from its Board of Directors and all other positions with the company, effective today. In addition, Yang resigned from the Boards of Yahoo Japan Corporation and Alibaba Group Holding Limited, effective today.
In a letter to the Yahoo! ... read more ...
Sat 14th January 2012
Less Than A Year After Its IPO, FriendFinder Recevies Notice That It Faces Delisting Off NASDAQ - FriendFinder Networks Inc., (FFN) which went public in 2011 at $10 a share, has received a notice of non-compliance from NASDAQ that could lead to its delisting from the stock exchange
The company in a SEC filing said:
“On January 10, 2012, the Company received a notice of non-compliance from Nasdaq stating that the minimum bid price of its common stock had fallen below $1.00 per share for the last 30 consecutive business days.”
“Nasdaq Rule 5450(a)(1) requires a $1.00 minimum bid for continued ... read more ...
Wed 4th January 2012
Yahoo Names PayPal President Scott Thompson As Its New CEO - Today Yahoo announced that PayPal President Scott Thompson is its new CEO and will start on Monday.
In hiring Thompson Yahoo gets someone who has never ran an online media company or an online advertising company or really anything that Yahoo does (see below for his work history)
“Scott brings to Yahoo a proven record of building on a solid foundation of existing assets and resources to reignite innovation and drive growth, precisely the formula we need at Yahoo,” said Chairman Roy Bostock said ... read more ...
Wed 28th December 2011
PCWorld Puts Demand Media On Its “Top 10 Dumbest Tech Moves Of 2011″ & Marchex Hits 52 Week Low - Two public companies in the domain space are in the news today
PCWorld.com put out a story entitled “The 10 Dumbest Tech Moves Of 2011“.
The story starts out:
“”I like to look back with a Grinch-like smile at the dumbest moves made during the past year in the world of tech.”
“As always, the competition in 2011 was intense. Here are 10 companies that deserve a big lump of coal in their stockings.”
In placing Demand Media in its top 10 story, the author says:
“”The purveyor of craptastic ... read more ...