Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:
Jan. 19: Google Inc.‘s fourth-quarter earnings report shows that the Internet search leader fetched less money per click on its ubiquitous online ads. That came as an unsettling surprise because investors had assumed a surge in online holiday shopping in the U.S. would enable Google Inc. to charge more for its ads. Instead, the average price decreased by 8 percent from the same time in 2010.
Microsoft Corp. reduces losses in its online services division, which includes the ad-supported Bing search engine. It lost $458 million in the latest quarter, down 18 percent from a loss of $559 million a year earlier. Revenue grew 10 percent to $784 million.
Coming up:
Tuesday: Yahoo Inc.
Jan. 30: Gannett Co.
Feb. 1: IAC/InterActiveCorp, AOL Inc.
Feb. 2: Viacom Inc., The New York Times Co.
Feb. 7: Walt Disney Co., McClatchy Co.
Feb. 8: Time Warner Inc.
Feb. 15: Comcast Corp., CBS Corp.
Feb. 24: The Washington Post Co., Interpublic Group of Cos.
Unknown: Omnicom Group Inc., WPP Group PLC, News Corp.
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