Marchex, Inc. (MCHX), announced its financial results for the third quarter ended September 30, 2014. Archeo its domain name division sold $1.6 Million dollars during the quarter. Q3 2014 Financial Highlights1 GAAP revenue was $49.2 million for the third quarter of 2014, compared to $40.6 million for the third quarter of 2013. Non-GAAP revenue, which excludes domain sales recorded in … [Read more...]
Afilias: Joins Minds + Machines & Centralnic To London AIM Exchange To Raise $100 Million
Afilias today announces its intention to apply for admission of its issued and to be issued Ordinary Shares to trading on AIM, a market operated by the London Stock Exchange ("Admission") to raise $100 Million dollars. "The $100 million will be used to: · Acquire contested nTLDs in the upcoming auctions; · Fund attractive acquisition opportunities including existing TLD assets … [Read more...]
Fred Krueger Exercises Option To Acquire 5 Million Shares Of Minds + Machines For 4p
Minds + Machines Group Limited (AIM:MMX), announced today, that Frederick Krueger, a director of the Company, has today exercised options to subscribe for 5,000,000 new Ordinary Shares at a price of 4p per new Ordinary Share. Shares of Minds + Machines closed in trading today at 9.63p, having a 52 week high of 19.38p and a 52-week Low of 5.38p. Frederick Krueger held options to subscribe for … [Read more...]
When It Comes To Rightside, One Seeking Alpha Author Believes The Market Doesn’t Realize How Useful GLTDs Are And How Adoption Affects Earnings
One investor long Rightside Group Ltd (NAME) wrote a piece on Seeking Alpha that the market does not recognize how the new gtlds will affect the bottom line. The author points out how the margins are much bigger on a new gtld as opposed to something like a .com or .net registration. He also highlights the benefit of the being the house (registry). The author did put some decent work in on the … [Read more...]
Google Reports: Revenue up 20%; Pay Per Click Up 17%; Cost Per Click Down 2%: $63 Billion In The Bank
Google Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2014 after the market closed today, missing slightly from what was expected send the shares down over 2% in after hours trading Google Inc. revenues for the quarter ended September 30, 2014 were $16.52 billion, representing a 20% increase over third quarter of 2013 revenues of $13.75 … [Read more...]
Minds + Machines Reports: Sales Increase 4,114%; Revenue 255%; Shares Are Up 9.5%
Minds + Machines Group Limited (AIM:MMX) issued its financial report for the six months ending June 30, 2014 today. Total sales increased 4,114% to £295,000 against £7,000 for the same period in 2013; Operating profit was up 255% at £2.92 million against a 2013 loss of £1.88million, and wound up with £20 Million in the bank as of June 30th up from £9 Million … [Read more...]
SeekingAlpha: Even After Its Stock Dropped 45% Last Week Marchex Is Still Overvalued
SeekingAlpha.com just covered Marchex and noted even though shares were down 45% last week and is down over 66% since July since July its still overvalued. The post was written by Ariana Research: "On September 18th, 2014, Marchex Inc. (NASDAQ:MCHX) ("Marchex", "MCHX", or the "Company") released an 8K, which subsequently resulted in a decline in the equity value of ~45% for the day, or ~66% … [Read more...]