SportsLine.com’s Still Heavy on Fantasy Sports

That’s the Q3 earnings picture for the online sports media company…revenues grew to $14.7 million, a 5% increase compared to $14.0 million in a year-ago quarter. Net loss was reduced 32% to $8.3 million, compared to $12.1 million in year-ago quarter.

Subscription and premium products revenue for the third quarter 2004 grew 14% to $4.6 million compared to $4.0 million in the third quarter of 2003. Revenue generated through joint sales efforts with CBS represented approximately 9% ad sales in Q3, compared to 15% in the year-ago quarter.

Comments have been disabled for this post