Midsize businesses are the backbone of the American economy, constituting as high as one-third of US GDP. This blog provides news, insights, and tips about this critical market.
Thursday, February 12, 2015
Nvidia Reports Q4 Revenue Growth of 9%
Nvidia's Q4 revenue of $1.25 billion exceeded QY FY13 by 9% and beat most analyst expectations: http://www.reuters.com/article/2015/02/11/us-nvidia-results-idUSKBN0LF2I720150211.
Haworth Reports Significant FY14 Revenue Increase
Privately-held office furniture manufacturer Haworth on Wednesday announced FY14 revenue of $1.8 billion, a 27% increase over last year: http://whtc.com/news/articles/2015/feb/11/haworth-pleased-with-2014-results/.
Tuesday, February 10, 2015
UK Government Launches "Help to Grow" Funding for SMB; Looks to Emulate German Mittelstand
British Business Bank to fund 100 million pounds to help cover SMB funding gap: Learn more here
RetailMeNot Posts Strong Q4 and FY14 Results
RetailMeNot reported strong Q4 and FY14 results this morning. Year-over-year revenue grew 26% to over $260 million, with exceptional growth internationally as well as in mobile offerings. Shares traded lower this morning on adjusted Q1 earnings guidance, but rebounded to within 1% by the closing bell. The organization laid out three key initiatives at the outset of FY14 -- 1) To continue to improve content quality; 2) Offer a more compelling community environment; and 3) Continue to evolve the mobile business. With total consumer visits up 24% and mobile revenue up over 100% in FY14, the company delivered on that strong leadership strategy and continues to stake their claim as the leader in their space. For an earnings summary, visit http://investor.retailmenot.com/eventdetail.cfm?EventID=154036.
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