Jupitermedia Revenues Down 12%

Posted on 11/7/2008 by Julia Dudnik Stern | Printable Version | Comments (0)

Jupitermedia posted the lowest third-quarter results since 2004: $31 million, down by roughly 12% from the same period of 2007. The company’s loss per diluted share was $0.63, including legal fees related to the stock-purchase agreement with Getty Images and other charges; excluding these, loss per diluted share was $0.11.

Jupitermedia highlighted JupiterimagesUnlimited and Stockxpert as its two primary growth areas. JupiterimagesUnlimited royalty-free subscription offering grew over 100% for the nine months ended September 30, 2008, compared to the same period of 2007.

Copyright © 2008 Julia Dudnik Stern. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz


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