Expedia’s stock continued its uptrend after the company announced its 3Q15 earnings on October 29, 2015. Its stock rose by nearly 7% on result day.
Sprint’s core operating profitability during fiscal 2Q15, specifically its adjusted EBITDA, rose ~44.9% YoY to ~$2 billion during the quarter.
Sprint’s customer retention, as measured by its postpaid churn, continued to improve significantly year-over-year during fiscal 2Q15.
After taking out the impact of prepaid customers that became postpaid, Sprint’s postpaid phone metric was ~38,000 for fiscal 2Q15.
Sprint’s wireless service revenue fell by ~6.8% year-over-year to reach ~$6.4 billion in fiscal 2Q15. The fall came mainly from the postpaid phone segment.
Sprint’s revenue came in below Wall Street’s expectations again this quarter. Its consolidated revenue fell ~6% YoY to reach ~$8 billion during fiscal 2Q15.
Sprint’s losses were higher than anticipated during fiscal 2Q15. Sprint’s loss per share was ~$0.11, and Wall Street expected a loss per share of ~$0.07.
Gross bookings for King Digital Entertainment (KING) in the trailing 12 months (or TTM) to 3Q15 were $2.2 billion, and 81% of these bookings came from the mobile space.
Activision (ATVI) will launch Guitar Hero and King Digital Entertainment (KING) is planning to launch a mid-core title and three new games from its existing franchises by the end of 2016.
Activision (ATVI) is expected to benefit a great deal after its acquisition of King Digital (KING). The mobile gaming market globally is expected to be $36 billion by the end of 2015…
Activision has stated that it will continuously look to invest in resources for game development and enhancing user experience.
According to Activision, King’s expertise across diverse monetization methods will lead to new opportunities, providing the firm with key capabilities/
Activision’s (ATVI) $5.9 billion acquisition of King Digital (KING) should create one of the largest entertainment networks globally.
Bobby Kotick, chief executive officer of Activision Blizzard, said “Riccardo, Sebastian, and Stephane are some of the best minds in the business.”
On November 2, 2015, Activision Blizzard (ATVI) announced the signing of a definitive agreement with King Digital Entertainment (KING).
CBS announced its 3Q15 earnings on November 3, 2015. The company reported revenues of $3.3 billion for 3Q15, a 3.2% fall compared to its revenues in 3Q14.
CBS announced its 3Q15 earnings on November 3, 2015. The company reported revenues of $3.3 billion, in-line with Wall Street analysts’ expectations.
Cablevision reported revenues of $1.6 billion, a fall of 0.8%. Its revenues were in-line with the Wall Street analysts’ consensus estimates.
Discovery Communications announced its 3Q15 earnings on November 3, 2015. The company had revenues of $1.6 billion, a fall of 1% over 3Q14.
The price-to-sales ratios of CDK Global, Autodesk, Nuance, DST Systems, and Solera are 3.9x, 5.2x, 2.8x, 1.6x, and 3.2x, respectively.