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Tidewater EPS Beats But Revenue Light.
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Plenty of folks have derided its revenue-light business models and the ever-dumber company names it's produced for social networking, blogging and photo-sharing sites.
After peaking at $7.23, shares have fallen like an unplugged dot-com to just $0.39, which still gives the revenue-light company a market cap of $85 million.
We are starting to hear about more late-stage, revenue-light companies struggling to raise capital at all, much less at an attractive valuation.
Susan L. Decker, Yahoo's new chief financial officer, said the company had taken an "exhaustive" look at the impact of struggling companies on its advertising revenue in light of the recent investor concern.
If we reach the next revenue milestone, light will shine down from the heavens and I'll finally be successful.
J.P. Morgan Chase, the second-largest U.S. bank, said its third-quarter earnings fell 13% year-over-year on merger charges related to Bank One, and revenue was light due to weak investment bank performance.
The city's fiscal watchdog, he said, "spends every waking professional moment thinking about the adequacy of city resources to meet needs and how to manage decreasing revenues in light of escalating expenses".
Revenues from lighting will hit €110 billion ($160 billion), roughly what the world will spend on televisions.
"We felt that the advertising revenue growth seems light compared to Viacom's MTV Group, where revenue grew about 20percentt, for example," Mr. Mirsky said.
A suspicious man might wonder about the timing: isn't it strange that the bad news on revenue came to light only after the tax cut had passed?
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