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.
Facebook's Q3 earnings left something to be desired, as the social network posted a net loss. Zuckerberg and company have ended 2012 on a financial high note, however, as Facebook raked in $1.585 billion in revenue and net income of... Read Post
AT&T Wireless managed to slow down subscriber churn during the second quarter, allowing the company to show profit gains despite nearly flat overall revenue. AT&T witnessed a jump in net income from $3.6 billion to $3.9 million, inc... Read Post