Jupiterimages Q1/2008 Results
Jupitermedia, the parent company of Jupiterimages, released yesterday the results for Q1/2008. Currently at the time of writing no new JUPM SEC filings are available, and shares closed yesterday at $2.31. The Conference Call will follow today. More details in the press release.
Jupiterimages´ Q1/2008 revenues ($26.142 million) were the lowest in the last two years:
- Y-o-Y down -6,35% or -$1.772 million from $27.914 million in Q1/2007.
- Down -2,39% or -$641.000 from $26.783 million in the previous quarter Q4/2007.
(1) Jupiterimages Rev. (2) JUPM Rev. (3) Jup.images Rev. in % of JUPM Rev.
Alan Meckler said that "revenues from our JupiterimagesUnlimited high level royalty-free subscription offering grew over 100% from the first quarter of 2007 to the first quarter of 2008. We are also starting to see significant growth from our recently launched Stockxpert.com microstock subscription offering".
The business outlook for the whole Jupitermedia Corporation for Q2/2008 expects quarterly revenues of $35.0 million - $36.0 million, like in the previous quarter.
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