Commerce and subscriptions may be helping some media companies better weather the recession, but certainly not all of them. The Street.com’s first-quarter revenue decreased 26 percent, to $14 million (below consensus estimates of $15.4 million). It had a net loss from continuing operations of $3.1 million, a steep drop from a $2.4 million gain during the same quarter last year, and had a loss-per-share from continuing operations of $0.10, below consensus estimates of a $0.03 loss.
— Paid Services: Revenue for paid services (subscriptions, syndication, and licensing) decreased 12 percent to $9.5 million.
— Marketing Services: Revenue for marketing services (advertising and integrated marketing) was down 45 percent to $4.5 million.
Comments have been disabled for this post