Earnings: Jupitermedia Misses on Revenues; Losses Increase
This story was written by Rafat Ali.
Jupitermedia (NSDQ: JUPM), the images and online media company, has reported its Q108 earnings, and revenues for the quarter were down slightly, to $34.5 million, compared to revenues of $34.8 million for the year ago quarter. The net losses increased to about $1.1 million, from losses of about $728K in the year-ago quarter. Its revenues on the online media side (which includes Mediabistro now) increased to $8.4 million for the quarter, compared to $6.85 million in the year-ago quarter. Revenues for its images business decreased to $26.14 million, compared to $27.9 million in the year-ago quarter. More details in release here.
By Rafat Ali