Pandora posts record revenue of $ 67 m in the first quarter as a public company

Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead Congresswoman Carloyn Maloney advocacy and community relations in New York. She graduated from Columbia University in 2003, where it was ... ? Read More

In the first quarter as a public company music streaming service Pandora posted record revenue in Q2 2012 year. For the second quarter of fiscal year 2012, total revenue was 67 million dollars, 117% year-over-year growth. For the second quarter of fiscal 2012, on the basis of GAAP net loss per share was $ (0.04). Non-GAAP earnings per common share was completely $ 0.02.

In terms of net income loss of $ 1.8 million Pandora took over the quarter. But Pandora's Q2 ad revenue amounted to $58,3 million, 118 percent year-over-year growth. Subscription and other income amounted to $ 8.7 million, 112% year-over-year growth.

The company showed that total listener hours approximately 1.8 billion quarter growth of 125 per cent, compared to approximately 800 million during the same quarter a year ago. Approximate percentage of total United States radio to listen to at the end of the second fiscal quarter amounted to 3.6%, 1.8% from a year earlier. According to the Pandora Services had 37 million active users in July.

In the release, Joe Kennedy, President of & CEO of Pandora said this in his speech: "Pandora radio Personalization — and enthusiastic consumers have become much better experience ...At the same time, advertisers continue their adoption of Pandora's multi-platform ad decisions that led to our 6 consecutive quarters of triple-digit year-over-year revenue growth. In addition to the continued high rates of income growth web Pandora mobile advertising revenue for the first time included about half of all ad revenue as we pave the way for the nascent but rapidly growing market for mobile advertising. Pandora continues to grow our market share of United States radio as we radically transform one of the latest forms of traditional media. "

Proceeds to call Kennedy says that mobile represents 70 per cent use Pandora. And mobile now accounts for half of the company's ad revenue. As we reported at the time of Pandora's IPO, mobile, as it contributes significantly to Pandora in the company's growth.

Another area of growth, said Kennedy, is the placement of Pandora in your car. The company already has a number of deals, including one with Ford Motor Company.

Kennedy also said that Spotify is not really a threat to its business and use. There wasn't any effects from digital music services, in the past few months, "says Kennedy. "We are focused on the radio".

Pandora predicts Q3 revenue range of $ 72.5 million to $69,5 million (representing year-over-year growth between 84% and 92% respectively) and annual income in the range of $ 270 million to $ 275 million (representing year-over-year growth between 96% and 100%, respectively).

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Salesforce posts record quarterly revenue of $ 546 m; Raises guidance

Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school of the Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead efforts for advocacy and community relationships Congressman Carloyn Maloney in New York. She graduated from Columbia University in 2003 where it was ... ? Read More

Salesforce just posted its Q2 2012 profit today, posting a record quarterly revenue of $ 546 million, or 38% for the year. Non-GAAP diluted earnings per share increased by 3% for the year to $ 0.30. Analysts expected EPS of $ 0.30 and 529 million for income.

Subscription and support revenues were $ 509 million, 38% based on year-over-year. Professional services and other revenues were $ 37 million, 44% based on year-over-year.

Q2 GAAP net loss per share was ($ 0.03), which includes a one-time charge of $ 0.04 per share, related to the legal settlement of California State wage and hour claims. Non-GAAP results exclude the effects of the company about 55 million dollars in stock-based compensation expense, about $ 19 million in amortization of acquired intangible assets and approximately $ 3 million in non-cash interest expense related to convertible senior notes.

Salesforce said that it added 6300 clients during the quarter, which brings his total to 104 000 clients using its SaaS products (quarterly record for the company). Since 31 July 2010, the company added 21600 NET client, an increase of 26% from year-over-year.

Income from operations for fiscal second quarter was $ 83 million, 9% from year-over-year. Total cash, cash equivalents and marketable securities finished the quarter at about $ 1.3 billion.

The company is raising its guidance for Q3 revenue forecasting 568 million to about $ 570 million. Generating company full fiscal year 2012, it is planned to be in the range of approximately $ 2.22 billion to approximately $ 2.23 billion.

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Google adds Google + posts his social search results, Ho-Hum

Alexia Tsotsis currently works at TechCrunch as a writer. She is also a blogger who attended the University of Southern California in Los Angeles, California. She majored in writing and art, moved to New York shortly after the end of the work in the entertainment industry and media. After four years of his life in New York and to attend courses in New York. ? Read More

Step, which is almost inevitable in an overall strategy to Google from the possible integration of Google + in most if not all Google products, search engine, announced that he will now be including publicly shared Google + posts in the "social search".

Ultimately, users will see their Google + account "Blah Blah is common on Google" if they are looking for a keyword that matches with something that is posted on someone publicly in one of their Google + circles. As someone who rarely paid attention to my "social search" results before I pretty meh about how this is useful.

But, as the "social search" results already include Twitter, Flickr, LinkedIn and Quora, this is not earth shattering step. In fact, as pointed out by search engine land Danny Sullivan service already can live and what we see today is just a public announcement about it.

Google said that they will be rolling function over the next couple of days. That I really got my fingers crossed that is return real time Google search.

Update: after receiving confirmation from Google, Danny Sullivan is responsible, "it's new. Posts you share on Google + now appear and rank better. Previously only you share other posts will be. "

Google provides search and advertising services, which together aim to organize and money in the world of information. In addition to its dominant search engine, it offers many ...

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Google provides search and advertising services, which together aim to organize and money in the world of information. In addition to its dominant search engine, it offers many ...

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