By The Associated Press
Here's a look at how some companies that had initial public offerings of stock since January 2011 are faring. The companies are all loosely Internet-related, though their businesses vary widely.
April 23: Social-networking service Facebook Inc. says first-quarter net income fell 12 percent to $205 million, weighed down by higher expenses even as its revenue rose 45 percent to $1.06 billion. Facebook discloses the financial results in a regulatory filing ahead of its IPO in mid-May.
April 26: Online games company Zynga Inc., which began trading publicly on Dec. 16, reported a net loss in the first quarter because of stock-compensation expenses, but adjusted earnings of 6 cents per share were a penny better than what Wall Street expected. Revenue grew 32 percent to $321 million.
Angie's List Inc., a consumer-reviews site that began trading publicly Nov. 17, says its first-quarter loss widened as it spent more on marketing and operations. That offset a 76 percent jump in revenue.
May 3: LinkedIn Corp., which had its first day of trading on May 19, 2011, says its first-quarter profit more than doubled. Revenue also doubled. Adjusted profit and revenue beat Wall Street's expectations.
May 8: Jive Software Inc., a creator of tools to run social networks for businesses, says net loss narrowed and revenue increased 58 percent. It began trading on Dec. 13.
Demand Media Inc., an online content publisher that began trading on Jan. 26, 2011, predicts that revenue growth will accelerate in the current quarter for the first time in more than a year. That's calming some long-running concerns about its reliance on Google.
May 14: Online deals company Groupon Inc., which began trading on Nov. 4, reports a smaller first-quarter net loss and sharply higher revenue, helped by increased demand from a growing customer base. Its revenue surpassed Wall Street's expectations and was a welcome reprieve for a company that has seen its stock battered following missteps with its finances.
May 23: Pandora Media Inc. says net loss tripled in the latest quarter as the cost of acquiring music and marketing its services rose faster than revenue. But the results and its outlook for the year topped analysts' forecasts. Pandora began trading publicly on June 15.
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