(Reuters) – Weibo Corp , the company behind Chinas biggest microblog by users, reported second-quarter revenue above analysts expectations, helped by a surge in advertising sales. The company, majority owned by Chinese internet firm Sina Corp , forecast third-quarter revenue between $79 million and $82 million. Analysts on average were expecting third-quarter revenue at $80.2 […]
(Reuters) – Pandora Media Inc forecast current quarter adjusted profit below analysts’ estimates as it plans to plow money back into the business. Analysts on average were expecting an 8 cents per share in profit on revenue of $234.6 million, according to Thomson Reuters I/B/E/S. Pandora Chief Financial Officer Mike Herring said in an interview […]
By Marina Lopes WASHINGTON (Reuters) – ATT Incs second-quarter revenue rose, but slightly less than Wall Street forecasts, as a promotional offer to charge customers for devices separately from service weighed on average revenue per user. The No. 2 U.S. mobile provider said on Wednesday that, excluding items, it earned 62 cents, one penny less […]
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