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Topic: Earnings

Omnicom's Net Income Jumped 24% in Q3

Revenue rose more than 7%

Omnicom Group's organic revenue grew more than 6 percent in the third quarter, as overall revenue climbed more than 7 percent to $3.75 billion. Net income for the quarter, meanwhile, jumped…

Facebook Tops 1 Billion Mobile Users

Earnings surge, new CFO named

Facebook crossed the billion mobile user mark last quarter, the company announced in today’s earnings report. The company also announced a big transition in leadership as CFO David Ebersman plans…

On Q1 Earnings Call, Omnicom's Wren Addresses Merger Concerns

Cites tax residency issues

While Omnicom reported first-quarter worldwide revenue rose 3 percent, the real news in the company’s call with investors was its cautious outlook about the merger prospects with Publicis Groupe. Omnicom chief…

Viacom Sees a Softer Scatter Market in November, Recovers in December

Dauman says ratings are up again, especially at Nick

Viacom's Q4 earnings call included the first discussion of scatter cable prices so far, with the company reporting a 3 percent increase in the market "tempered somewhat by ratings at…

Facebook Posts $1B-Plus Mobile Revenue

Now accounts for more than 50 percent of ad dollars

Facebook’s mobile business topped $1 billion in revenue last quarter (its Q4) and accounted for more than 50 percent of the social network’s ad dollars for the first time. The company truly…

AMCX Says Its Own VOD Strategy Is 'Heretical,' but That's Cool

Execs defend Chellomedia purchase after downgrade

AMC Networks delivered lower-than-expected earnings on Thursday, announcing that it wouldn't be discussing the Chellomedia purchase in much detail on the call (the company agreed to buy the international TV…

CBS Blackout Took a Bite Out of Time Warner Cable Earnings

Operator loses 306,000 subs, $122 million

While there was little doubt that CBS on Sept. 2 walked away the victor in its month-long feud with Time Warner Cable, it wasn’t until this morning that the cost…

Is Apple Set to Take On TV?

Cook hints that company is in position to deliver new products

Tim Cook hinted today that Apple is well-positioned to take over the TV. Speaking during an earnings call with Wall Street analysts, who asked what new product categories Apple would step…

New Executive Joins Zynga in Transition

Clive Downie takes on role as COO at struggling game maker

Zynga picked up a new chief operator. The company announced that Clive Downie would join as COO after serving as CEO at rival Japanese game maker DeNA. The word of the new…

Did Google CEO Larry Page Just Handle His Last Wall Street Call?

No longer wants to talk every earnings period

Google CEO Larry Page signaled to Wall Street today that he no longer wants to handle routine quarterly calls. During today’s conference call with analysts announcing third quarter results, Page…

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