User Engagement, Mobile Technology, and Product Innovations Boost Earnings Growth - Research Report on Facebook, Yahoo!, Akamai, Angie's List, and SouFun

NEW YORK, July 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Facebook Inc. (NASDAQ: FB), Yahoo! Inc. (NASDAQ: YHOO), Akamai Technologies, Inc. (NASDAQ: AKAM), Angie's List Inc. (NASDAQ: ANGI), and SouFun Holdings Limited (ADR) (NYSE: SFUN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Facebook Inc. Research Report

On July 24, 2013, Facebook Inc. (Facebook) reported its Q2 2013 financial results. Revenue grew 53.1% YoY to approximately $1.8 billion. The increase was mainly attributed to a 61% YoY growth in advertising revenue to approximately $1.6 billion. GAAP net income was $333 million or $0.13 per diluted share compared to net loss of $157 million or $0.08 per diluted share in Q2 2012. Daily active users (DAUs) increased 27% YoY to 699 million on average for the month of June 2013, monthly active users (MAUs) increased 21% YoY to $1.15 billion as of June 30, 2013, and mobile MAUs increased 51% YoY to 819 million as of June 30, 2013. The Company also reported that it has surpassed 1 million active advertisers on Facebook, whereas Facebook for Every Phone has crossed 100 million MAUs in mere 2 years. Mark Zuckerberg, Facebook Founder and CEO, said, "We've made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile. The work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future." The Full Research Report on Facebook Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f38c_FB]

--

Yahoo! Inc. Research Report

On July 16, 2013, Yahoo! Inc. (Yahoo!) reported its Q2 2013 financial results. GAAP revenue decreased 6.8% YoY to approximately $1.1 billion. Net earnings for Q2 2013 were $331.2 million or $0.30 per diluted share, compared to net earnings of $226.6 million or $0.18 per diluted share in Q2 2012. Marissa Mayer, Yahoo! CEO, said, "I'm encouraged by Yahoo!'s performance in the second quarter. Our business saw continued stability, and we launched more products than ever before, introducing a significant new product almost every week. From the new Yahoo! News, the new Yahoo! Sports app, the redesigned Yahoo! search, the new Flickr, the new Yahoo! Mail for tablet, the Yahoo! Weather app, our new Yahoo! app with Summly - this quarter drove tremendous improvements in our product line and our users responded with increased usage and engagement." According to the Company, it has introduced approximately 12 new products, announced two new advertising formats to improve the content experience, and made nine acquisitions during the quarter. The Full Research Report on Yahoo! Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5cdb_YHOO]

--

Akamai Technologies, Inc. Research Report

On July 24, 2013, Akamai Technologies, Inc. (Akamai) reported its Q2 2013 financial results. Revenue increased 14.1% YoY to $378.1 million. Net income was $61.9 million or $0.34 per diluted share compared to net income of $71.5 million or $0.39 per diluted share in Q1 2013 and net income of $44.2million or $0.24 per diluted share in Q2 2012. Tom Leighton, CEO of Akamai, stated, "We were especially pleased with the strong growth in our performance and security solutions, and we continue to invest in both sales capacity and innovation in an effort to drive further growth in this important area." The Full Research Report on Akamai Technologies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b3ab_AKAM]

--

Angie's List Inc. Research Report

On July 24, 2013, Angie's List Inc. (Angie's List) reported its Q2 2013 financial results. Revenues increased 62.2% YoY to $59.2 million. Net loss was $14.3 million, with selling expense of approximately $22 million and marketing expense of approximately $28 million, compared to net loss of $23.4 million with selling expense of $14.3 million and marketing expense of $27.6 million in Q2 2012. Net loss per diluted share was $0.25 in Q2 2013 compared to net loss per diluted share of $0.41 in Q2 2012. Angie's List CEO Bill Oesterle said, "We are reporting record levels for memberships added, service provider revenue and total revenue, as well as continued efficiencies in our cost per member acquired." The Company expects Q3 2013 revenue and marketing expenses to be in the range of $65.5 million to $66.5 million and $28.1 million to $29.1 million, respectively. The Full Research Report on Angie's List Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/85c4_ANGI]

--

SouFun Holdings Limited (ADR) Research Report

On July 19, 2013, SouFun Holdings Limited (SouFun) announced that the Company will report its unaudited Q2 2013 results before the US markets open on Thursday, August 8, 2013. The Company's management will also host a conference call on August 8, 2013, at 8:00 a.m. EDT. In its Q1 2013 results announcement dated May 8, 2013, SouFun had raised its total revenue guidance for full-year 2013 from the range of $516 million to $527 million to the range of $527 million to $538 million. The Full Research Report on SouFun Holdings Limited (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/04f5_SFUN]

----

EDITOR NOTES:

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

AnalystsCorner.com

SOURCE Analysts' Corner