Vonage may have raked in $216 million in revenue, netting itself $14 million in profit, but things still seem to be heading in the wrong direction for the company. We're not even talking about the sharp decrease in net income -- the $350 million made in the last quarter was thanks in large part to a one-time tax benefit. Revenue remained flat sequentially at $216 million, but was down slightly from the same time last year.
T-Mobile lost 77,000 subscribers in the US in the first quarter of 2010, mainly due to stiff competition and no clear plans for a 4G network. Quarterly net income was $362 million on revenue of $5.28 billion which was down from $5.4... Read Post
Amazon just reported earnings for the first quarter of 2012. Net sales increased 34% to $13.18 billion in the first quarter, compared with $9.86 billion in first quarter 2011. Net income decreased 35% to $130 million in the first qu... Read Post