2017-10-26

Q3 2017 Earnings Webcasts Oct 26: $TWTR, $GOOGL, $VRSN, $AMZN

Q3 2017 Earnings Webcasts Oct 26:
This post will be updated after each release of the Q3 2017 results.

********
$GOOG shares up almost 20% YOY as of midday Oct 25, 2017
Alphabet/Google 2017 Q3 Earnings Call

Alphabet Inc. (a/k/a Google NASDAQ: GOOG  NASDAQ: GOOGL) quarterly conference call LIVE webcast (and replay) to discuss third quarter (Q3 2017) financial results on Thursday, October 26, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Earnings release prior to the conference call on October 26, 2017, at abc.xyz/investor. See also Alphabet SEC filings.

Q3 2017 earnings release (pdf)--"We had a terrific quarter, with revenues up 24% year on year, reflecting strength across Google and Other Bets," said Ruth Porat, CFO of Alphabet. "Our momentum is a result of investments over many years in fantastic people, products and partnerships." --excerpt:

*******
$VRSN shares up almost 36% YOY as of midday Oct 25, 2017
Verisign, Inc.(NASDAQ:VRSN) Third Quarter 2017 Financial Results: Q3 2017 earnings news release will be available at approximately 4:05 p.m. (EDT) October 26, at investor.verisign.com.
"... Third Quarter GAAP Financial Results VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $292 million for the third quarter of 2017, up 1.7 percent from the same quarter in 2016. Verisign reported net income of $115 million and diluted earnings per share (diluted “EPS”) of $0.93 for the third quarter of 2017, compared to net income of $114 million and diluted EPS of $0.90 for the same quarter in 2016. The operating margin was 61.9 percent for the third quarter of 2017 compared to 60.8 percent for the same quarter in 2016 .... Business Highlights • Verisign ended the third quarter with 145.8 million .com and .net domain name registrations in the domain name base, a 1.2 percent increase from the end of the third quarter of 2016, and a net increase of 1.47 million during the third quarter of 2017. • In the third quarter, Verisign processed 8.9 million new domain name registrations for .com and .net, compared to 8.3 million for the same quarter in 2016. • The final .com and .net renewal rate for the second quarter of 2017 was 74.0 percent compared with 73.8 percent for the same quarter in 2016. Renewal rates are not fully measurable until 45 days after the end of the quarter ..."
VeriSign's (VRSN) CEO James Bidzos on Q3 2017 Results - Earnings Call Transcript | SeekingAlpha.com: "... Gross additions [in .COM and.NET registrations] during the quarter benefited from continued strength from US based registrars. Although renewal rates are not fully measurable until 45 days after the end of the quarter, we believe that the renewal rate for the third quarter of 2017 will be 74.3%. This preliminary rate compares to 73.0% achieved in the third quarter of 2016. We expected increase to the domain name base during the fourth quarter of between 0.4 million to 0.9 million registrations, which is consistent with the full year 2017 domain name base growth rate of 2.8% to 3.1%. .... The [new gTLD .WEB] update is really the same, there's no new news, although there is activity, the process is ongoing. We are continuing to cooperate with the Justice Department regarding the CID that you asked about. There's an ongoing constructive dialogue. We're producing documents and information. But beyond that there's nothing new to say at this point. Of course, as soon as there is we'll let you know." (link added)
Verisign LIVE webcast of the Q3 2017 earnings call: Thursday, Oct. 26, 2017, at 4:30pm EDT, also accessible by direct dial at (888) 676-VRSN (U.S.) or (323) 701-0225 (international), conference ID: Verisign. Replay will be available at investor.verisign.com/events.cfm.

Verisign is the registry operator of the world's 2 largest gTLDs (generic top-level domains)--.COM and .NET--as well as other TLDs, and also provides internet security services. Verisign operates 2 (A and J) of the world's 13 internet DNS root zone authoritative name servers, and serves as root zone maintainer (RZM) pursuant to a contract with ICANN (Internet Corporation for Assigned Names and Numbers). Verisign's Security Services include Distributed Denial of Service Protection and Managed DNS. More info at Verisign.com. See also Verisign SEC filings, including VeriSign, Inc. - Quarterly Report: U.S. Securities and Exchange Commission Form 10-Q for the quarterly period ended September 30, 2017 [Legal Proceedings and Risk Factors].

*********
$AMZN shares up almost 17% YOY as of midday Oct 25, 2017
Amazon | Investor Relations: Q3 2017 Amazon.com Inc. (NASDAQ: AMZN) Earnings Conference Call:
Thursday, October 26, 2017 2:30pm PT / 5:30pm ET  LIVE Webcast Presentation

The audio and associated slides will be available for at least three months at amazon.com/ir.

Amazon Q3 2017 results (pdf) excerpt: "... Net sales increased 34% to $43.7 billion in the third quarter, compared with $32.7 billion in third quarter 2016. Net sales includes $1.3 billion from Whole Foods Market, which Amazon acquired on August 28, 2017. Excluding Whole Foods Market and the $124 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 29% compared with third quarter 2016. Operating income decreased 40% to $347 million in the third quarter, compared with operating income of $575 million in third quarter 2016. Operating income includes income of $21 million from Whole Foods Market. Net income was $256 million in the third quarter, or $0.52 per diluted share, compared with net income of $252 million, or $0.52 per diluted share, in third quarter 2016." Conference Call Slides (pdf)

*********
$TWTR shares down almost 1% YOY as of midday Oct 25, 2017
Twitter, Inc. (NYSE: TWTR) conference call to discuss Q3 2017 financial results, 5:00 a.m. PT / 8:00 a.m. ET, Oct 26, 2017.
Twitter's Q3 2017 revenue of $589.6M tops estimates; MAUs grew 4% YoY to 330M, DAUs grew 14% YoY;
net loss down to $21.1M; shares rise in early trading Oct 26, 2017
To have your questions considered during the Q&A, Tweet your question to @TwitterIR using #TWTR. . Twitter has used, and intends to continue to use, its Investor Relations website and the Twitter accounts of @jack, @twitter and @TwitterIR as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. See also Twitter SEC filings and Twitter investor relations: investor.twitterinc.com.


feedback & comments via twitter @DomainMondo


DISCLAIMER

Domain Mondo archive