EDGAR’s Subscription Revenue Increases 45


EDGAR’s Subscription Revenue Increases 45 Percent: Q3 results for business information provider EDGAR Online. “EDGAR Online reported revenue of $4.1 million for the quarter ended September 30, 2002, a decrease of 5% compared to the same period last year. Strong growth in the Company’s core subscription business was offset by a 36% decline in the Company’s technical services revenue. Seat-based subscription revenue increased 45% from last year primarily due to the sale of over 4,000 seats to its professional EDGAR®pro and 13Fpro services. At September 30, 2002, the Company has over 26,200 subscribers. Since inception, the Company’s subscription revenues have grown each quarter.”

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