A look at tech companies with recent IPOs

Published on NewsOK Modified: December 4, 2012 at 4:11 pm •  Published: December 4, 2012
Advertisement
;

— Nov. 1: LinkedIn Corp. outpaces Wall Street's expectations with its third-quarter results, solidifying its status as an investor favorite at a time when other Internet companies have fallen from grace. The professional networking company booked a profit in the third quarter, reversing a loss in the same period a year ago as revenue grew at a faster pace than analysts expected. It began trading publicly on May 19, 2011.

Online review site Yelp Inc. says narrowed its loss in the recent quarter, helped by a steady increase in traffic and expansion into more cities. It began trading on March 2, 2012.

— Nov. 8: Groupon Inc., the No. 1 online deals service, fails to show investors that its business is growing as quickly as they would like. Revenue was below expectations. CEO Andrew Mason says weakness in Europe offset Groupon's "solid performance in North America." Groupon began trading publicly Nov. 4, 2011.

— Tuesday: Internet radio company Pandora Media Inc. says its third-quarter net profit more than tripled to $2 million as revenue rose slightly faster than costs. But it predicts a loss in the fourth quarter, a bad surprise for investors, who sent shares tumbling. The company began trading publicly on June 15, 2011.



Trending Now


AROUND THE WEB

  1. 1
    10 Most Popular Wedding 'First Dance' Songs
  2. 2
    Psychologists Studied the Most Uptight States in America, and Found a Striking Pattern
  3. 3
    Facebook Post Saves Drowning Teen
  4. 4
    Saturday's front page of the New York Times sports section is simple: LeBron James and transactions
  5. 5
    The 19th-century health scare that told women to worry about "bicycle face"
+ show more