Earnings: CNET In Profits For Q2

CNET Networks reported a Q2 profit in its earnings today: Net income was $7.7 million, compared with a net loss of $1.5 million in the year-ago quarter. Revenues came in at $84.5 million, a 24 percent increase compared to revenues of $68.1 million in the year-ago quarter.

For Q3, the company expects total revenues of $85.5 million to $87.5 million

Also, CNET Download.com is expected to beta launch a video download service in Q3, which will include free video samples and clips, ranging from movie trailers, to independent video content, to how-to videos.

From earnings conference call: “International turned profitable for us in this quarter, and will be for the whole year. In China, we’re getting a good foundation build with our acquisitions.”

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