Tucows.com reported earnings after the market closed today Net revenue for the second quarter of 2010 increased 4.1% to $20.8 million from $20.0 million for the second quarter of 2009. However Tucows swung to a loss for the Quarter compared to a year ago: "Net loss for the second quarter of 2010 was $0.8 million, or $0.01 per share, compared with net income of $4.4 million, or $0.06 per … [Read more...]
A New Domain Name Record? Quinstreet Acquisition of Insurance.com: $36.5 Million Dollars
Quinstreet (QNST) just announced today during its conference call that total consideration it paid for acquiring the domain name Insurance.com was $36.5 Million dollars. $36.5 MILLION Dollars. It does not appear from the conference call that Quinstreet acquired or even wanted to acquire the business that was formerly under Insurance.com, making this sound like pretty much a straight domain … [Read more...]
QuinStreet Reports Earnings: Financial Vertical Up; Education Down
QuinStreet reported earnings after the market closed today and for the fourth quarter of fiscal year 2010, the Company reported total revenue of $88.5 million, an increase of 31% over the fourth quarter of fiscal 2009. For the fiscal year ended June 30, 2010, the Company reported total revenue of $334.8 million, an increase of 29% over fiscal 2009. Revenue for the Financial Services … [Read more...]
Demand Media: We Were Founded In 2006 & We Have Had A Net Loss In Every Year: Total Loss To Date $52 Million
From the S-1 application Demand Media filed today is this little gem, that none of us would be too proud of saying if it was our own business: ""We were founded in 2006 and have a limited operating history." "We have had a net loss in every year since inception." "As of June 30, 2010, we had an accumulated deficit of approximately $52 million and we may incur net operating losses in the … [Read more...]
Demand Media Files For Its IPO Today
Demand Media Filed its S-1, notice to the Securities and Exchange Commission, which is basically their prospectus to go public. For the domain industry it would be far better for the IPO to go well than not. However, in 2009, Demand reported $22 million in losses on $198 million in revenues. In the first six months of 2010,Demand's net loss was only $6 million, on revenues of $108 … [Read more...]
Marchex Loss Widens In 2nd Quarter; Sells $700K in Domains
Marchex reported its earnings after the market closed today for the 2nd Quarter, ending June 30, 2010. Here are the highlights: Revenue was $21.4 million for the second quarter of 2010, compared to $21.1 million for the same period of 2009. Looks like the company lost over $4M in the 2Q 2010 compared to losing just $1.5M in 2Q 2009. GAAP net loss was $3.2 million for the second quarter … [Read more...]
Google Extends US Trademark Policy On Keywords To Europe & Canada
According to a post on Google's blog, Google is going to extend its US policy on advertising keywords which allows companies to advertise on other companies trademarks to Europe and Canada. Here is the official announcement: ""Last year, in an effort to provide better ads and a higher quality experience for our users, we adjusted our trademark policy in the U.S. to allow some advertisers to … [Read more...]