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upbeatpr.com

Stage

Dead | Dead

Total Raised

$1.5M

About Upbeat

Upbeat is a cloud-based PR solution that combines guidance from traditional agencies with the power of software and machine learning.

Upbeat Headquarter Location

380 10th St. Unit 13

San Francisco, California, 94103,

United States

(888) 944-9466

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A

Artificial Intelligence

8,718 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Latest Upbeat News

Video Game Earnings Mostly Upbeat: ETFs in Focus

Aug 14, 2020

Video Game Earnings Mostly Upbeat: ETFs in Focus The online game business is stealing the thunder of conventional media and leisure because of the coronavirus pandemic. The pandemic continues to buoy the video video games business as individuals are more and more participating in modes of in-house leisure. Based on a report by NPD Group, the business, together with {hardware}, software program, equipment and sport playing cards, noticed a 26% year-over-year rise in client spending to $1.2 billion in June (highest-tracked spending for the month of June since 2009) per a GameDaily article (learn: Video Gaming ETFs to Preserve Hovering Amid Coronavirus Disaster). Towards this backdrop, it’s intriguing to take a look on the earnings reviews of the important thing gamers. Digital Arts EA reported earnings in late July, Activision Blizzard Inc. ATVI and Take Two Interactive Software program TTWO got here up with their ends in early August whereas Zynga ZNGA reported lately. Earnings have been favorable within the business. The shares have appreciable weight in funds like International X Video Video games & Esports ETF (HERO) and VanEck Vectors Video Gaming and eSports ETF ESPO.Each funds added about 5.9% and three.7% prior to now 10 days (as of Aug 12, 2020). Inside EA Earnings Digital Arts reported first-quarter fiscal 2021 earnings of $1.25 per share, which declined 73.7% yr over yr. Revenues nevertheless rose 20.7% yr over yr to $1.45 billion. Initially of fiscal 2021, EA modified the best way through which it reviews web bookings. Durations previous to the primary quarter of fiscal 2021 have been recast for comparability to align with these modifications. Web bookings elevated 77.7% yr over yr to $1.39 billion. The Zacks Consensus Estimate for earnings and revenues was pegged at 82 cents per share and $1.07 billion, respectively.EA’s full sport revenues (24.6% of complete revenues) grew 37% yr over yr to $359 million. Web bookings from full video games elevated 202% yr over yr to $287 million. Furthermore, dwell providers and different revenues (75.4% of complete revenues) rose 16.2% yr over yr to $1.1 billion. Web bookings from dwell providers elevated 61% yr over yr to $1.1 billion. Additional segregating full-game revenues, full-game obtain revenues elevated 68% yr over yr to $233 million. Revenues from packaged items elevated 5% yr over yr to $136 million. Inside ATVI Earnings The corporate reported second-quarter 2020 non-GAAP earnings of 81 cents per share, up 52.8% yr over yr. Consolidated revenues rose 74.4% yr over yr to $2.zero billion. Adjusting for the online impact from the popularity of deferred revenues and the elimination of intersegment revenues, complete revenues rose 38.4% to $1.93 billion. The Zacks Consensus Estimate for earnings and revenues was 68 cents per share and $1.69 billion, respectively. Activision Blizzard additionally witnessed an increase in Month-to-month Energetic Customers (MAUs) throughout the quarter ended Jun 30, 2020. Total MAUs got here in at 428 million compared with 327 million as of Jun 30, 2019. The corporate’s web bookings additionally rose 72.2% yr over yr to $2.08 billion. Web bookings from digital channels have been $1.82 billion, up 80.2% yr over yr. Notably, in-game web bookings have been $1.37 billion, up 76.6% yr over yr. Inside TTWO Earnings The corporate reported first-quarter fiscal 2021 GAAP earnings of 77 cents per share, up 87.8% yr over yr. Non-GAAP earnings have been $2.68 per share. Web revenues elevated greater than 50% from the year-ago quarter to $996.2 million. The highest line was pushed by heightened consumer engagement ranges and web bookings development attributed to the coronavirus-led lockdown. Grand Theft Auto (GTA) On-line and GTA V, NBA 2K20, Pink Lifeless Redemption 2 and Pink Lifeless On-line, Borderlands 3, Sid Meier’s Civilization VI, Social Level’s cellular choices, the WWE collection and The Outer Worlds have been the largest contributors to the corporate’s first-quarter fiscal 2021 top-line development. Recurrent client spending elevated 52% and accounted for 58% of complete GAAP web revenues. The Zacks Consensus Estimate for earnings and revenues was $1.58 per share and $823 million, respectively. Inside Zynga Earnings The corporate reported second-quarter 2020 lack of 16 cents per share, wider than the lack of 6 cents reported within the year-ago interval. In the meantime, revenues rose 56.9% yr over yr to $452 million, on assist from dwell providers and strong development in international markets. The Zacks Consensus Estimate for earnings and revenues was Eight cents per share and $503 million, respectively (learn: Can Zynga ETFs Shine on Q2 Outcomes Amid Rising On-line Gaming?). Story continues

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  • Where is Upbeat's headquarters?

    Upbeat's headquarters is located at 380 10th St., San Francisco.

  • What is Upbeat's latest funding round?

    Upbeat's latest funding round is Dead.

  • How much did Upbeat raise?

    Upbeat raised a total of $1.5M.

  • Who are the investors of Upbeat?

    Investors of Upbeat include 500 Global, Philip Kaplan, FirstRock Capital, Kleiner Perkins Caufield & Byers, Y Combinator and 9 more.

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