Blog Post

MarketWatch Q1 Revenues Rise; Licensing Revenues Drop’s Q1 revenues for 2003 increased 13 percent to $11.1 million. Ad sales rose 47 percent to $5.2 million. Licensing sales declined to $5.6 million from $6.2 million a year ago. Licensing–primarily through its unit, has suffered a bit to due lack of demand and consolidation in the online financial services industry. Net income for the quarter was $35,000, compared to a net loss of $5.7 million in the year-ago quarter.

Subscription revenue rose sixfold to $323,000, up over the $44,000 reported the same period a year ago, reflecting the company’s purchase of Hulbert Financial Digest in April 2002.

For more info on subscription efforts, see the company page.

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