Facebook Reports Fourth Quarter and Full Year 2015 Results

MENLO PARK, Calif., Jan. 27, 2016 -- Facebook, Inc. (FB) today reported financial results for the fourth quarter and full year ended December 31, 2015.

"2015 was a great year for Facebook. Our community continued to grow and our business is thriving," said Mark Zuckerberg, Facebook founder and CEO. "We continue to invest in better serving our community, building our business, and connecting the world."

Published: 28 January 2016
Written by Editor
Nasdaq   Financial Results   Up on News  
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MakeMyTrip Announces Investment by Ctrip

MakeMyTrip expects to use the capital to further strengthen its leadership in India`s online travel markets

Gurgaon, India 7 January, 2016 - MakeMyTrip Limited (MMYT) ("MakeMyTrip" or "Company"), India`s leading online travel company, announced today an agreement under which Ctrip.com International, Ltd. (CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip"), has agreed to make an investment in MakeMyTrip. Upon completion of the transaction, Ctrip will invest US$180 million in MakeMyTrip through convertible bonds. In addition, MakeMyTrip has granted Ctrip permission to acquire MakeMyTrip shares in the open market, so that combined with shares convertible under the convertible bonds, Ctrip may beneficially own up to 26.6% of MakeMyTrip`s outstanding shares. Upon completion of the investment, Ctrip will acquire the right to appoint a director to the MakeMyTrip board of directors.

Published: 07 January 2016
Written by Editor
Nasdaq   Up on News   Financing  
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ReachLocal Announces Strategic Actions to Improve Adjusted EBITDA and Enhance Liquidity

Raises Fourth Quarter Adjusted EBITDA Outlook and Provides Initial Outlook for 2016

WOODLAND HILLS, Calif., Dec. 18, 2015 -- ReachLocal, Inc. (RLOC), a leader in powering online marketing for local businesses, today raised its outlook for fourth quarter 2015 Adjusted EBITDA and announced a series of strategic actions to improve Adjusted EBITDA and its liquidity position in order to provide a foundation for future growth.  The Company:

Live Ventures Reports First Profitable Quarter in 27 Quarters on Record Sales Volume

LAS VEGAS, Dec. 10, 2015 - Live Ventures Incorporated (LIVE) ("Live Ventures" or the "Company"), a diversified growth holding company, today announced that its fourth quarter of its 2015 fiscal year was its first profitable quarter in the last 27 quarters (approximately 3.5 years since current management took over), which is attributed in part to the Company's record sales of $18.1M for the quarter.

The Company realized approximately $2.0M in Adjusted EBITDA earnings (unaudited) or approximately $0.12 per share during the quarter, compared to a reported loss in the same period during fiscal year 2014*.  Further, revenues for the quarter were a record $18.1M, representing an increase of approximately 450% over the same period last year.  Management expects further, continuing improved financial performance in the coming quarters.

Published: 10 December 2015
Written by Editor
Nasdaq   Financial Results  
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Live Ventures Incorporated To Release Special Fourth Quarter Financial Highlights On December 10, 2015

LAS VEGAS, Dec. 4, 2015 - Live Ventures Incorporated (LIVE) ("Live Ventures" or the "Company"), a diversified growth holding company, today announces that it anticipates releasing highlights from its fiscal fourth quarter on December 10, 2015.  This special report is in addition to the Company's normal 10-K filing with the Securities Exchange Commission, which it anticipates by the end of the month.

"Normally, fourth quarter results are included only as part of a company's 10-K filing for the entire fiscal year.  However, we believe our results bear notice and we wish to update our stockholders on a particularly successful quarter," said Jon Isaac, CEO of Live Ventures Incorporated.

Published: 04 December 2015
Written by Editor
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