Earnings: Jupitermedia Q4 Revs Up 4 Percent; Online Media Up 20 Percent

This story was written by Joseph Weisenthal.
Stock photo and online tech media firm Jupitermedia (NSDQ: JUPM) has announced Q4 revs of $36.1 million, a percent year-on-year increase from $34.7 million. Net loss expanded to $77.3 million from $76.7 million, although both quarters included significant impairment charges. The company's modest top-line growth game from its online media (non-images) business, which was up over 20 percent to $9.3 million. The core images business slipped to $26.8 million, from $27.1 million. For the coming quarter, Jupiter is predicting revenue of $35-$36 million and net income of $.3 million. Release.

By Joseph Weisenthal
  • CBSNews



Live Video

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.