Summary:

Hoover’s Reports Fiscal Third-Quarter Results: Hoover’s net income totaled $318,000, or $0.02 per share, compared to net income of $122,000,…

Hoover’s Reports Fiscal Third-Quarter Results: Hoover’s net income totaled $318,000, or $0.02 per share, compared to net income of $122,000, or $0.01 per share, in the same period last year.”Strength in the company’s core subscription business contributed to total revenues of $8.6 million this quarter, up 9% compared to the same quarter last year. Subscription revenues grew 31% over the prior year and now comprise 81% of total revenue, up from 67% a year ago. As of December 31, 2002, Hoover’s had 8,919 enterprise accounts, an increase of 244 accounts from the end of the previous quarter.”

Meanwhile, Marathon Partners, a Hoover’s investor, is asking a Texas court to postpone a Feb. 14 meeting where shareholders would vote on a proposed $81 million all-cash takeover bid for the online data provider by financial information publisher D&B.

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