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roblox, the club penguin for gen z, is now cash-flow positive – techcrunch


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roblox, the club penguin for gen z, is now cash-flow positive – techcrunch


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disney just launched the new mobile-only version of club penguin


club penguin island, the mobile-only replacement for the original club penguin (which shut down last night) has launched.started in 2005, club penguin was one of the first successful virtual worlds for children and, as they grew up, teens and adults. at its peak the platform had 200m users, and a few months ago was still seeing upwards of 5m visitors to the club penguin website each month. the game was bought by disney in 2007 in a deal valuing at at $700m.while club penguin launched a mobile app a few years ago, it was essentially just a port of the desktop version – it was still 2d and wasn’t really optimized for mobile.the version launching today is a total rebuild of the game, featuring 3d graphics, which is a first for the franchise. as someone who played the old 2d club penguin more






disney just launched the new mobile-only version of club penguin


club penguin island, the mobile-only replacement for the original club penguin (which shut down last night) has launched.started in 2005, club penguin was one of the first successful virtual worlds for children and, as they grew up, teens and adults. at its peak the platform had 200m users, and a few months ago was still seeing upwards of 5m visitors to the club penguin website each month. the game was bought by disney in 2007 in a deal valued at $700m.while club penguin launched a mobile app a few years ago, it was essentially just a port of the desktop version – it was still 2d and wasn’t really optimized for mobile.the version launching today is a total rebuild of the game, featuring 3d graphics, which is a first for the franchise. as someone who played the old 2d club penguin more than






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fans bid farewell to club penguin


image via somenerd_ on the club penguin reddit. for nearly 12 years, children and trolls of all ages flocked to disney’s browser-based club penguin for all sorts of kid-friendly (mostly) shenanigans. today the game closes down for good, and players past and present are paying their respects.advertisementdisney is shuttering the long-lived and well-loved browser game at 12:01 am pacific this evening. while they’ll be replacing it soon enough with a new mobile game called club penguin island, that doesn’t make fans on twitter any less sad to see the original go the way of the dodo.here are some heartfelt reactions in 140 characters or less.advertisementrest in peace my dear child #[email protected] club penguin, always in my heart, i love you, my bitch, fuck it hurts mani just pl






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club penguin island launches and the profanity bans continue


yesterday disney closed club penguin, the kid-friendly online game that had been delighting children and quickly banning potty-mouths since 2005. today disney launches club penguin island, a subscription-based mobile game, bringing kid-friendly fun and high-speed banning to a new generation.advertisementclub penguin island, available today in the u.s. for ios and android devices, aims to give players of all ages a safe and friendly place to socialize, play games and have all sorts of good, clean fun. there are races to be won, quests to be complete, levels to be earned and stinky cheeses to be shared with online friends. what i got to see of the game in the five or so minutes i played before being kicked by the language filter looked simply delightful.it’s the sort of place i could see my






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people are racing to see how fast they can get banned from club penguin


gif kid-friendly browser game club penguin is famed for rapidly banning the use of foul language. now that the game only has a little over a month to live, players have turned getting banned into a speedrunning challenge, with a current record time under 40 seconds.advertisementgetting banned for profanity in club penguin isn’t normally much of an accomplishment. the disney-published game prides itself on providing a safe environment for children, and its anti-profanity has become the stuff of memes.via the meta picturefolks using bad words are banned quickly in club penguin. now, as the game is being sunset and replaced with club penguin island, the question is “how quickly?”pretty fucking quickly. that’s current speedrun.com record holder 2krn4u, who managed to go from fresh browser wind






box is cash flow positive again, with 26% revenue growth


box posted its third-quarter earnings after the bell on wednesday.the cloud management business reported $129.3 million in revenue, up 26 percent from last year. this beat analyst estimates of $128.64 million.the company also reported an adjusted negative 13 cents per share, in line with wall street estimates. this compares to negative 14 cents from last year.last quarter, investors were concerned that the company temporarily lost its cash flow positive status, but box has since regained it.box posted free cash flow of $6.3 million, up $17 million from the same period last year.ceo aaron levie says they’re in a “really really good spot from a cash generation standpoint.”he said that this quarter they also “launched a whole bunch of a new technology around machine learning and ai.” he’s ref






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box shares down 4% despite what levie calls “one of our strongest quarters”


cloud storage company box reported second quarter earnings after the bell on wednesday. and although the company beat expectations on revenue and losses, it wasn’t enough to please wall street.  the stock fell almost 4% in after-hours trading.it seems that part of the issue related to the company losing its cash flow positive status for the quarter, coming in at a negative $14.7 million.  but levie told techcrunch that investors shouldn’t worry going forward because the company is “going to be free cash flow positive for the entire year.”box brought in $122.9 million in revenue, up 28% year-over-year. it’s also above the $121.7 million that analysts were expecting, according to thomson reuters.adjusted losses were 11 cents per share, when analysts were predicting a loss of 13 cents. this w






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box’s levie touts positive cash flow


cloud content management company box posted fourth quarter earnings after the bell on wednesday with shares quickly plummeting in initial after-hours trading. they mostly recovered, trading down just 1% by late afternoon.box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. revenue for the quarter was also a beat at $109.9 million, versus the $108.9 million predicted, and a 29% increase from the same period last year.the company celebrated its first quarter as a free cash flow (fcf) positive business, with ceo aaron levie characterizing this as an “inflection point” in a call with techcrunch.  fcf was $10.2 million for the quarter, which they say is a $30 million gain year-over-year.but wall street was disappointed that box cautio






box is cash flow positive again, with 26% revenue growth


box posted its third-quarter earnings after the bell on wednesday.the cloud management business reported $129.3 million in revenue, up 26 percent from last year. this beat analyst estimates of $128.64 million.the company also reported an adjusted negative 13 cents per share, in line with wall street estimates. this compares to negative 14 cents from last year.box’s results met analyst expectations, but the stock still fell about 5% in after-hours trading.last quarter, investors were concerned that the company temporarily lost its cash flow positive status, but box has since regained it.box posted free cash flow of $6.3 million, up $17 million from the same period last year.ceo aaron levie says they’re in a “really really good spot from a cash generation standpoint.”he said that this quarte






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cloud content management company box posted fourth-quarter earnings after the bell on wednesday with shares quickly plummeting in initial after-hours trading. they mostly recovered, trading down just 1 percent by late afternoon.box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. revenue for the quarter was also a beat at $109.9 million, versus the $108.9 million predicted, and a 29 percent increase from the same period last year.the company celebrated its first quarter as a free cash flow (fcf) positive business, with ceo aaron levie characterizing this as an “inflection point” in a call with techcrunch. fcf was $10.2 million for the quarter, which they say is a $30 million gain year-over-year.but wall street was disappointed th






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poshmark cash flow positive, on track for $100 million revenue


poshmark, the fashion resale social network, is on track for $100 million in revenue this year, techcrunch has learned. we hear the company reached $50 million in revenue last year, which means they are on pace to double in 2017.the company also recently became cash flow positive, with profitability on an ebitda basis. this is a commonly used, but adjusted measurement of profitability that excludes certain items like taxes and one-time expenditures.we were told that competitor thredup was also on track for over $100 million in revenue last year, but these companies are anomalies in an industry that has seen a lot of disappointment. threadflip shut down in 2016 and many others are struggling.poshmark has a business model that’s different from the rest of the clothing resale startups. it’s n






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poshmark, the fashion resale social network, is on track for $100 million in revenue this year, techcrunch has learned. we hear the company reached $50 million in revenue last year, which means they are on pace to double in 2017.the company also recently became cash flow positive, with profitability on an ebitda basis. this is a commonly used, but adjusted measurement of profitability that excludes certain items like taxes and one-time expenditures.we were told that competitor thredup was also on track for over $100 million in revenue last year, but these companies are anomalies in an industry that has seen a lot of disappointment. threadflip shut down in 2016 and many others are struggling.poshmark has a business model that’s different from the rest of the clothing resale startups. it’s n






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box looks to woo wall street with its positive cash flow story


like box’s last quarterly check-in, the company once again touted that it had free cash flow in the first quarter this year as part of its q1 earnings report today — a signal that wall street may be looking for as a barometer of its future health as a company.box in the last quarter said it would likely lose between 14 cents and 15 cents per share, though it looks like it came above its own expectations with a loss of 13 cents per share. the company also came in above revenue expectations by bringing in around $117 million, up 30% from the first quarter last year. wall street was expecting a loss of 14 cents per share on revenue of around $115 million.for the second quarter, box said it expects to lose between 13 cents and 12 cents per share, also roughly in line with analyst expectations.






box looks to woo wall street with its positive cash flow story


like box’s last quarterly check-in, the company once again touted that it had free cash flow in the first quarter this year as part of its q1 earnings report today — a signal that wall street may be looking for as a barometer of its future health as a company.box in the last quarter said it would likely lose between 14 cents and 15 cents per share, though it looks like it came above its own expectations with a loss of 13 cents per share. the company also came in above revenue expectations by bringing in around $117 million, up 30 percent from the first quarter last year. wall street was expecting a loss of 14 cents per share on revenue of around $115 million.for the second quarter, box said it expects to lose between 13 cents and 12 cents per share, also roughly in line with analyst expect






penguin extinction threat is not just about climate change


an endangered penguin is at risk because of rising sea temperatures, but it might go extinct in the next few decades if humans don’t take steps to protect it from threats unrelated to climate change, scientists say. although warmer seas have an effect on the yellow-eyed penguin, an iconic animal in new zealand that appears on…






dropbox files confidentially for ipo


dropbox has filed confidentially for ipo, according to bloomberg.techcrunch has been hearing that the cloud company plans to go public in early 2018.the san francisco-based business has been around since 2007 and there’s been speculation for years that it was getting closer to going public. but its $10 billion valuation raised the stakes, putting pressure on the company to wait until it believes it could achieve or come close to that market cap on the stock market.dropbox has said that it has annual sales that exceed $1 billion. it’s also cash flow positive.according to bloomberg, goldman sachs and j.p. morgan are leading the listing.competitor box went public in 2015 and has since seen shares rise over 50%.






box beats q4 expectations, hits new milestone


box published its fourth quarter financial results on wednesday, beating market expectations. it also reported that it's achieved its first quarter of positive free cash flow at $10 million. reaching that milestone helps the enterprise cloud company demonstrate the strength of its business model and could give it new investment opportunities. while the company beat expectations and hit its stated goal of achieving its first positive free cash flow quarter by early 2017, shares were down slightly in after hours trading, potentially because of its outlook. for q4 2017, box reported a non-gaap net loss of 10 cents per share on revenue of $109.9 million, up 29 percent year over year.wall street was expecting a loss of 14 cents a share on revenue of $108.9 million. box's free cash flow in q4 wa






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box published its fourth quarter financial results on wednesday, beating market expectations. it also reported that it's achieved its first quarter of positive free cash flow at $10 million. reaching that milestone helps the enterprise cloud company demonstrate the strength of its business model and could give it new investment opportunities. while the company beat expectations and hit its stated goal of achieving its first positive free cash flow quarter by early 2017, shares were down slightly in after hours trading, potentially because of its outlook. for q4 2017, box reported a non-gaap net loss of 10 cents per share on revenue of $109.9 million, up 29 percent year over year.wall street was expecting a loss of 14 cents a share on revenue of $108.9 million. box's free cash flow in q4 wa






club penguin is shutting down


club penguin, the disney-owned social network for kids, announced this morning it’s shutting down. in its place, the company will launch a new product for mobile, club penguin island, which has been in development over the past several years. club penguin island will launch in march, while the club penguin game on the desktop and mobile devices will shut down on march 29, 2017.the closure is a bittersweet milestone for a certain generation – those who grew up with computers and the internet, and learned to socialize online through club penguin’s virtual world.started in 2005, the site featured avatars of animated penguins (hence the name), that lived in its online world. users could play games, chat, and build their home with virtual accessories. the company sold to disney in 2007, in a de






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mazeing penguin: 3d labyrinths download


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