|Bid||3.420 x 1300|
|Ask||3.450 x 100|
|Day's range||3.421 - 3.470|
|52-week range||2.810 - 4.340|
|PE ratio (TTM)||115.50|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The founder of venture capital firm Greycroft told CNBC he's not surprised by the heightened interest in privately held Boxed.
The New York State Common Retirement Fund is the third-largest pension in the country with assets of $192.4 billion as of March 31, 2017. The pension covers retired police and firefighters, among others. In the fourth quarter, the pension made some big investment changes, including large chunks of investments in Alibaba Group Holding (BABA), Applied Materials (AMAT) and Chipotle Mexican Grill (CMG).
Start-up Overtime found that you don't need to lay out a ton of money up front to build a sports media brand, said Eric Jackson.
Zynga's (ZNGA) fourth-quarter results benefit from the successful launch of Words With Friends 2, growing live services and robust performance from CSR2 and Zynga Poker.
In 4Q17, Facebook (FB) garnered 98.5% of its total revenues from advertising sales. In 4Q16, 97.7% of Facebook’s total revenues came from advertising. What this development shows is that Facebook relied more on advertising budgets for its revenues in 4Q17 than it did in 4Q16.
On a per-share basis, the San Francisco-based company said it had profit of 1 cent. Earnings, adjusted for stock option expense, were 2 cents per share. The results matched Wall Street expectations. The ...
Zynga’s (ZNGA) 3Q17 was another milestone quarter for the company in terms of profitability. The quarter marked the first time since the company went public that it delivered two consecutive quarters of net profit. Zynga’s net profit was $18.1 million, which was more than triple its net profit of $5.1 million in 2Q17. Investors are waiting to see if the company will remain profitable or improve in 4Q17.
In 3Q17, international operations made the largest contribution to Zynga’s (ZNGA) top line for the past ten quarters. Zynga’s international operations, which include India (INDA), represented 35% of the company’s total revenue in 3Q17. The last time Zynga reported international revenue at this level was in 2Q15.
Zynga (ZNGA) is gearing up to report its 4Q17 results at a time when there’s a lot of attention on its advertising business. Although advertising is a minor contributor to Zynga’s overall revenues, recent trends in the business and overall trends in the global digital advertising industry make it a closely watched Zynga operation. The last time Zynga reported growth in its advertising business was in 3Q16 when it grew 7% YoY (year-over-year) to $47 million and accounted for 26% of overall revenue.