Cumulus Media Posts Solid Quarterly Results
Cumulus Media (NASDAQ:CMLS) reported net revenues of $328M for the fourth quarter. 4Q revenue was positively impacted by healthy advertising trends across auto, healthcare and financial services, slightly offset by weakness across retail, tracking weaker holiday sales. EBITDA was $96M (+6% yoy), mostly driven by investments that took place earlier in the year, improving margins by lowering content costs. Management expects Q1 revenues and EBITDA … Continue reading Cumulus Media Posts Solid Quarterly Results
Lifetime Fitness Earnings Highlights
Life Time’s fourth-quarter EPS rose 13%, to $0.63, ahead of our and the consensus estimates of $0.62 and at the high end of management’s implied guidance of $0.61 to $0.63, although the upside versus consensus expectations came courtesy of a $0.015 benefit from a lower-than-expected tax rate. Membership trends were once again shy of expectations, with membership growth of 0.3%, to 789,500, worse than the … Continue reading Lifetime Fitness Earnings Highlights
Microsoft (NASDAQ MSFT) News: Microsoft Acquires Sunrise Calender
Microsoft (NASDAQ MSFT) has been a rejuvenated stock off late. The stock has been performing very well and has been around the $125 levels. Such levels are a high for the company which is going to release Windows 10 in the coming months. The stock has actually benefited from the new found ideals of Satya Nadella and thus the stock should be going further in … Continue reading Microsoft (NASDAQ MSFT) News: Microsoft Acquires Sunrise Calender
Cyberonics Posts Lower Than Expected Revenue in Quarter
Thursday morning, Cyberonics reported mixed fiscal third-quarter results, with revenue a bit softer than expected, while earnings per share exceeded estimates. Despite the revenue shortfall, management maintained its full-year sales guidance and lifted its earnings guidance for fiscal 2014 (ending in April), which signals management’s confidence in the underlying business. In addition, the company received approval for its AspireSR product in Europe, which is a … Continue reading Cyberonics Posts Lower Than Expected Revenue in Quarter
Stock Focus: Google (NASDAQ GOOG) Finally Adds Carousel Feature
Google (NASDAQ GOOG) has been a star stock in recent months. The stock has performed admirably and there is no doubt that it is a great choice for any portfolio. In order to continue its performance, Google keeps up its innovation. Therefore, it is not a surprise that the search engine giant is now going to implement carousel feature in the mobile search results. This … Continue reading Stock Focus: Google (NASDAQ GOOG) Finally Adds Carousel Feature
Stock in News: Twitter (NASDAQ TWTR) Flying High!
Twitter (NASDAQ TWTR) posted their Q4 results this past week. The results were very positive for the stock and seemed to take the market by surprise. Just after the release of the reports, the stock started to plummet. However, the stock started rising again once Twitter confirmed that it had an yearly growth of 97%. The stocks finally rose around 10% to end the day … Continue reading Stock in News: Twitter (NASDAQ TWTR) Flying High!