Earnings: Audible’s Losses Widen; Revs Up

Spoken word company Audible has reported its Q1 numbers: Losses came in at $3.04 million, from a profit of $0.89 million in the year ago quarter. Revenues came in at $19.7 million, up 53% year over year. The number of customers acquired during Q1 was 98,700, representing growth of 38% year over year.
More form conference call later…

Comments have been disabled for this post