SeekingAlpha.com published what can only be described as a brutal assessment on shares of Demand Media, Inc last yesterday after Demand said it would spin off its Rightside division into a separate public company on August 1st as well as on Rightside. The post entitled; Demand Media: Titanic Will Hit The Iceberg Here is are the conclusions from the article: "eHow.com and Livestrong.com … [Read more...]
Verisign Downgraded By Wells Fargo: Growth Is Slowing Due To New gTLD’s & Could Get Worse
TheStreet.com is reporting that Wells Fargo analyst Gray Powell downgraded Verisign (VRSN) today writing: VeriSign's domain name growth appears to be falling a bit lower than the midpoint of second quarter expectations and competition from new gTLDs could be influencing overall growth to some degree. "The company is tracking toward about 400K domain name additions in the upcoming quarter, … [Read more...]
Tucows Reports Earnings & New gTLD’s Accounted For 6.5% of Total New Sales
Tucows Inc. (NASDAQ:TCX, TSX:TC), a global provider of domain names and other Internet services, today reported its financial results for the first quarter ended March 31, 2014 Beginning in the first quarter of 2014, Tucows has reclassified its revenue streams into Domain Services and Network Access Services. Domain Services includes Wholesale OpenSRS (Domain Service and Value Added … [Read more...]
CentralNic Reports: Almost £4M In Revenue; £1M in Earnings & Has £4.93 In The Bank
CentralNic (AIM: CNIC), today announces its audited results for the year ended 31 December 2013. Share of the company are down slightly trading at 62.5P. The company has a 52 week high of 115.5 P and has a low of 58,5 P. For 2013 billings were £3.89 million, representing a 15% increase on 2012, and producing net revenues of £3.05 million, an increase of 4% over 2012. Net cash-flow from … [Read more...]
Neustar Reports Lower than expected earnings – Stock off 4% in After Hours Trading
Neustar is down in after hours trading as the company reported lower than expected earnings. The stock is off close to 4 % in after hours trading at $27.15. Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time information services and analytics, today announced results for the quarter ended March 31, 2014, and affirmed its revenue and adjusted net income guidance for … [Read more...]
The Sale of .Co To Neustar Closed Today; Offices To Stay In Miami
Although it was announced a few weeks ago, the sale of the .CO Internet S.A.S to Neustar for $109 million dollars actually just closed today. According to the MiamiHerald.com, the "Champagne popped and bonuses flowed after .CO Internet closed its chapter as an independent company and became part of the publicly traded Neustar on Monday afternoon." "In his first comments to the press about … [Read more...]
Sedo Holdings Reports: Revenue Up 5.5%; Domain Parking Down; 16.5 Million Domains For Sale
Sedo Holding AG just issued its Annual Report for 2013 and revenues overall were up by 5.5% to €140.0 million (previous year: €132.7 million). But the growth was driven by the Affiliate Marketing segment, "although it performed significantly more weakly than expected". The Domain Marketing segment continued to face the challenges presented by the falling domain parking market accompanied by … [Read more...]