InfoSpace swung to a profit in its fourth quarter from a year ago, on higher revenue and significantly lower operating expenses and the absence of goodwill impairment charges…
InfoSpace earned $9.89 million in Q4 2003, compared with a loss of $64.4 million a year ago. Revenues increased 30% to $46.9 million.
Its mobile revenues were $9.3 million in Q4, 2003, an increase of $2.6 million (or 40%) from year-ago quarter. The increase in revenue is primarily a result of revenues that came in from its acquisition of mobile content company Moviso, in October last year.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post