In light of Twitter’s profitability problems the new CEO, Jack Dorsey, laid off 336 employees, or roughly 8% of the workforce. The tech companies on our list today are also struggling to operate profitably and could be forced to cut costs soon.
Yahoo! Inc. (NASDAQ: YHOO) – $32.37
Internet Services
Yahoo! Inc. is a technology company that is engaged in providing Internet search, communication and digital content. Its products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo is also a digital publisher and advertising technology provider.
- Market Cap: $30,934,103,068
- Revenues (LTM): $4,870,447,000
- Operating Income (LFQ): -$44,794,000
- YTD Price Change: -34.9%
LinkedIn Corp. (NASDAQ: LNKD) – $193.51
Internet Services
LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Company’s three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions.
- Market Cap: $25,049,885,940
- Revenues (LTM): $2,561,119,000
- Operating Income (LFQ): -$81,148,000
- YTD Price Change: -16.4%
Palo Alto Networks Inc. (NASDAQ: PANW) – $167.94
IT Services & Consulting
Palo Alto Networks, Inc. offers an enterprise security platform that allows enterprises, service providers, and government entities to secure their organizations by enabling the number of applications running on their networks and by preventing breaches stemming from targeted cyber-attacks. Its enterprise security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection, and its Threat Intelligence Cloud.
- Market Cap: $14,265,342,167
- Revenues (LTM): $928,052,000
- Operating Income (LFQ): -$34,533,000
- MYTD Price Change: 36.9%
ServiceNow Inc. (NYSE: NOW) – $74.42
IT Services & Consulting
ServiceNow, Inc. is a provider of cloud-based solutions that define, structure, manage and automate services across the global enterprise. The Company provides cloud-based service management solutions that address the needs of a range of departments within an organization, including IT, human resources (HR), facilities, field service, marketing, legal and finance. It also provides business management and IT operations management solutions that facilitate the delivery of services across the enterprise.
- Market Cap: $11,595,108,000
- Revenues (LTM): $835,396,000
- Operating Income (LFQ): -$53,235,000
- YTD Price Change: 9.5%
Splunk Inc. (NASDAQ: SPLK) – $55.95
Software
Splunk Inc. is a provider of software products that allow organizations to gain real-time operational intelligence by harnessing the value of their data. The Company’s products allow users to collect, index, search, explore, monitor and analyze data regardless of format or source. Its products address diverse data sets referred to as big data and are specifically tailored for machine-generated data.
- Market Cap: $7,355,202,223
- Revenues (LTM): $537,412,000
- Operating Income (LFQ): -$65,568,000
- YTD Price Change: -2.9%
NetSuite Inc. (NYSE: N) – $88.35
Software
NetSuite Inc. (NetSuite) is a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software suites. The Company’s offerings include NetSuite, NetSuite OneWorld, NetSuite CRM+, NetSuite OpenAir PSA, SuiteCommerce, NetSuite POS, TribeHR, LightCMS, Add-On Modules, NetSuite Industry Editions and SuiteCloud Platform.
- Market Cap: $7,056,757,981
- Revenues (LTM): $643,626,000
- Operating Income (LFQ): -$35,843,000
- YTD Price Change: -18.2%
