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Earnings: Jupitermedia Ekes Out Higher 2Q Revs But Swings To Loss

This story was written by Staci D. Kramer.
Jupitermedia (NSDQ: JUPM), the online media and images firm, reported slightly higher revenues of $35 million for Q208, compared with $34.6 million last year, but still wound up in the red. It losses shot up, to $3.28 million, compared to a small profit of $386K in the year-ago quarter. Revenues from its online images business decreased to $26.09 million, from $27.28 million in the year-ago quarter, On the online media side, it had a surprising increase, to $8.9 million, up from $7.28 million in the year-ago quarter, likely the result of Mediabistro contribution. Earnings release

By Staci D. Kramer