Summary:

TheStreet.com has reported net Q3 losses of $865,200, on revenues of $6.7 million, compared to losses of $1.9 million in the year-ago quarte…

TheStreet.com has reported net Q3 losses of $865,200, on revenues of $6.7 million, compared to losses of $1.9 million in the year-ago quarter, as well as losses of $1.3 million in the second quarter of 2003.

The company had positive cash flow of $325,000 in the third quarter, reversing a $659,000 cash burn in the year-ago period and improving on the $253,000 of cash flow it produced in the second quarter.

Subscription revenue was $4.8 million in the quarter, up 21% over last year and up 11 percent from the second quarter. Advertising revenue was $1.2 million in the quarter, up 16 percent from the year-ago period but down 17 percent from the second quarter in what the company termed an “expected seasonal decline.”

Subscription bookings were $4.9 million in the latest quarter, up 22% from a year ago and up 4% from the second quarter of 2003, while deferred revenue was $6.9 million in the latest quarter, up 26% from last year and roughly the same as in the second quarter of 2003.

Listen to the conference call at 11 AM EST.

You’re subscribed! If you like, you can update your settings

Comments have been disabled for this post