Audible’s Revenues Increase 50 Percent; Losses Decrease

Audible, the spoken-word download company, has reported Q3 revenues of $4.96 million, up from $3.3 million in the year-ago quarter. Net losses decreased to $0.87 million, compared to $4.53 million in the year-ago quarter…

Audible’s consumer content revenue increased 14 percent over the second quarter 2003 to $4,79 million. The service also gained a record 27,000 new customers during the quarter.

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