socalTECH
MAY 7, 2014
Santa Monica-based videogame publisher Activision Blizzard said late Tuesday that it saw better than expected financial results for the first quarter of 2014. The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales. billion in sales. billion in sales.
socalTECH
JULY 27, 2015
Vizio reported net income of $44.9M billion in net sales for 2014. Vizio's major owners are founder William Wang (54.7 percent of the company), along with Taiwanese companies AmTRAN Technology (20.4%), Q-Run Holdings (8.3%), and La Jolla-based V-TW Holdings (7.7%). READ MORE>>.
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Both Sides of the Table
SEPTEMBER 28, 2014
Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.
Xconomy
JULY 7, 2016
Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. In 2014, Pernix, then based in The Woodlands, TX, acquired San Diego-based Somaxon Pharmaceuticals. But filings also show the company’s net losses widening each year since 2012. million net loss.
socalTECH
JUNE 20, 2012
The move will, however, impact THQ's finances; the firm said it expects to shift net sales from THQ's 2013 fiscal year into fiscal 2014, reducing its non-GAAP sales by approximately $20M. THQ said the move came due to a desire to "expand the fiction of the franchise."
InfoChachkie
FEBRUARY 17, 2015
In order to close the sale, the bar owner “threw in” four season tickets to the Green Bay Packers football season. Fast Forward to 2014: According to James Carlton , “Every Packers game for the past 54 years has been sold out and the team''s season-ticket waiting list has nearly 90,000 people on it. A one-time payment of $3,000,000.
Both Sides of the Table
APRIL 25, 2011
It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. I could go on-and-on with all of the sales-blocking messages you will hear when you try to charge for a product. That is $12 million in profits over 3 years. Who are your competitors – how much do they charge?&#.
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