Earnings: VeriSign’s Content Revenues Drop 25 Percent Sequentially

More trouble for VeriSign‘s mobile content business: its content revenues drop 25 percent for Q3, from Q2…it generated revenues of $131 million, a 25% decrease over Q2 and an increase of 78% year over year. The content revenues are from mobile content (Jamba, Jamster, LightSurf and SMS and MMS interoperability service), and the company’s business has seen a lot of churn and regulatory issues in Europe.
More on this from the earnings call later…
Related:
Verisign Cuts Forecast On Poor Mobile Content Sales
Earnings: Verisign’s Content Revs For Q2: $165 Million

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