Breaking News
Feb 15, 2023
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Tripadvisor, Inc said total revenue increased 47% to $354 million and net loss shrank to $3 million from $29 million and diluted loss per share dropped to 2 cents from 21 cents a year ago.
In 2022, total revenue increased 65% to $1.49 billion and the company swung to a profit of $20 million from a loss of $148 million and diluted EPS was 14 cents from a loss of $1.08 a share a year ago. -
Akamai Technologies Inc said fourth quarter revenue increased 2% to $927.8 million and net income dropped 19.8% to $128.7 million from $160.5 million and diluted EPS fell to 82 cents from 97 cents a year ago. In 2022, revenue increased 4% to $3.6 billion from $3.4 billion and net income fell 19.6% to $523.6 million from $651.6 million and diluted EPS fell to $3.26 from $3.93 a year ago.
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Akamai Technologies Inc spent $178 million in the fourth quarter of 2022 to repurchase 2.1 million shares of its common stock at an average price of $86.50 per share and in full-year 2022 spent $608 million to repurchase 6.4 million shares at an average price of $94.96 per share.
The company had 156 million shares of common stock outstanding as of December 31, 2022. -
Federal National Mortgage Association said revenue in 2022 declined 1% to $29.7 billion and net income plunged 42% to $12.9 billion from $22.2 billion and diluted earnings per share was zero compared to 1 cent a year ago.
Fannie Mae said revenue in the fourth quarter declined 1% to $7.1 billion and net income fell 41% to $1.4 billion from $2.4 billion in the previous year. -
GoDaddy Inc said revenue in the fourth quarter increased 2% to $1.04 billion and net income rose 7.3% to $93.8 million from $87.4 million and diluted EPS rose to 60 cents from 52 cents a year ago.
In 2022, revenue increased to $4.09 billion from $3.8 billion and net income increased to $352.9 million from $242.8 million and diluted EPS rose to $2.19 from $1.42 a year ago. -
GoDaddy Inc forecasted revenue in the first quarter 2023 to increase in the range of $1.030 billion to $1.050 billion, representing a growth of 4% at the midpoint from 2021 and full-year revenue in the range of $4.250 billion to $4.325 billion, representing a growth of 5% at the midpoint, versus the $4.09 billion in 2022.
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NerdWallet Inc said revenue in the fourth quarter increased 43% to $142 million and the company swung to a net income of $8.9 million from a loss of $7.9 million and diluted EPS was 12 cents compared to a loss of 13 cents a year ago.
In 2022, revenue increased 42% to $538.9 million and net loss shrank 76% to $10.2 million from $42.5 million or 14 cents from 82 cents a year ago. -
SimilarWeb Ltd said revenue in the fourth quarter increased 28% to $51.3 million and net loss shrank to $15 million from $23.8 million or 20 cents from 32 cents a year ago.
In 2022, revenue increased 40% to $193.2 million and net loss rose to $83.7 million from $68.9 million or from $1.10 from $1.30 a year ago. -
Zillow Group said revenue in the fourth quarter declined 19% to $435 million and net loss shrank to $72 million from $261 million and diluted loss per share was 31 cents from 2 cents a year ago.
In 2022, revenue declined to $1.95 billion from $2.1 billion and net loss fell to $101 million from $528 million or 36 cents from a profit of 39 cents a year ago. -
The Consumer Price index increased 0.5% in January from the previous month and rose 6.4% from a year ago. Core inflation, excluding food and energy, rose 0.4% from the previous month and advanced 5.6% over the year ending in January.
Feb 14, 2023