23.07.2013 14:00:00
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Acquisitions, Earnings Results, and Partnerships - Research Report on Google, LinkedIn, IACI, Yelp, and HomeAway
NEW YORK, July 23, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Google Inc. (NASDAQ: GOOG), LinkedIn Corp. (NYSE: LNKD), IAC/InterActiveCorp. (NASDAQ: IACI), Yelp Inc. (NYSE: YELP), and HomeAway, Inc. (NASDAQ: AWAY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Google Inc. Research Report
On July 18, 2013, Google Inc. (Google) reported its financial results for Q2 2013. The Company's consolidated revenues increased 19% YoY to $14.1 billion, as Google Revenues (advertising and other) grew 20% YoY to $13.11 billion, or 93% of consolidated revenues. Google site revenues increased 18% YoY to $8.9 billion, and Google Network revenues increased 7% YoY to $3.2 billion. Other Revenues from Google increased 138% YoY to $1.05 billion. GAAP net income was up at $3.2 billion, as compared to $2.8 billion in Q2 2012. Larry Page, Chief Executive Officer of Google, said, "The shift from one screen to multiple screens and mobility creates tremendous opportunity for Google. With more devices, more information, and more activity online than ever, the potential to improve people's lives even more is immense." The Full Research Report on Google Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cec2_GOOG]
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LinkedIn Corp. Research Report
On July 16, 2013, LinkedIn Corp. (LinkedIn) announced that the Company will host a conference call to discuss its Q2 2013 financial results and business outlook on Thursday, August 1, 2013 at 2:00 p.m. PT, following the release of the Company's financial results. Jeff Weiner, Chief Executive Officer, and Steve Sordello, Chief Financial Officer, will host the webcast. While reporting its Q1 2013 financial results, on May 2, 2013, LinkedIn Corp. had announced that the Company expects its Q2 2013 revenue to range between $342 million and $347 million. Adjusted EBITDA had been expected to range between $77 million and $79 million. For full-year 2013, the Company had expected revenue between $1.4 billion and $1.5 billion. Adjusted EBITDA was expected to be between $330 million and $345 million. The Full Research Report on LinkedIn Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cb4d_MSFT]
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IAC/InterActiveCorp. Research Report
On July 18, 2013, Multimedia entertainment studio Electus, an operating business of IAC/InterActive Corp. (IAC) announced that it has signed a one-year first look agreement with Caracol Television that would facilitate the Company with first look rights to its scripted and non-scripted programming catalog. With the first look, Electus, along with its production partner Jay Weisleder, will develop, pitch, and produce Caracol formats into the US market. John Pollak, President of Electus International, said, "Caracol's proven success and its commitment to develop high quality programming will allow us to deliver some of the world's best formats to our broadcasting partners in the United States." The Company reported that this alliance with Caracol is the first of its kind for Electus. The Full Research Report on IAC/InterActiveCorp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c018_IACI]
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Yelp Inc. Research Report
On July 18, 2013, Yelp Inc. (Yelp) announced that it has agreed to acquire SeatMe Inc (SeatMe), a web and iPad-app based reservation solution for the restaurant and nightlife categories. According to the Company, with SeatMe's solution, more local restaurants and bars provide an easy way for customers to book online reservations, enhancing the customer experience for those who discover a local business on Yelp. Under the terms of the agreement, Yelp will acquire SeatMe for approximately $2.2 million in cash and up to approximately 263,000 shares of its Class A common stock for a total purchase price of approximately $12.7 million. The transaction, which was approved by the Boards of Directors of both the Companies, is subject to approval by SeatMe stockholders and the satisfaction of customary closing conditions. The transaction is expected to close on or about July 24, 2013. The Full Research Report on Yelp Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cd01_YELP]
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HomeAway, Inc. Research Report
On July 16, 2013, HomeAway, Inc. (HomeAway) announced that the Company has signed an agreement to acquire majority control of travelmob, an online start-up for vacation rental properties in Asia Pacific. Brian Sharples, Chief Executive Officer of HomeAway, said, "We view Asia as a region where we can build tremendous incremental value for our shareholders and existing customers over the next several years. Given this opportunity, we're excited to work with the experienced travelmob team to address today's market needs in Asia -- where vacation rentals are mostly new, but alternative accommodations are not -- to build scale and accelerate the development of the vacation rental industry." Under the terms of the agreement, the travelmob management team will retain a 37% share of the business and continue to operate as an independent brand from its Singapore headquarters. Further, HomeAway expects to incur about $2 million in additional expense to grow the travelmob business. The Full Research Report on HomeAway, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2af8_AWAY]
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SOURCE Analysts' Corner
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