Tucows.com (AMEX: TCX) reported its earnings for the 1st quarter of 2012 after the market closed today. "Net revenue for the first quarter of 2012 increased 22% to a record $27.5 million from $22.6 million." "Net income for the first quarter of 2012 was $1.7 million, or $0.04 per share, compared with net income for the first quarter of 2011 of $0.7 million, or $0.01 per share. Net income … [Read more...]
Marchex Reports Earnings & Sells 2.6 Million in Domains
Marchex, Inc. (NASDAQ:MCHX) today reported its results for the quarter ended March 31, 2012 and reported that year to date, including April 2012 has sold $2.6 Million in domains. According to the earnings report Marches sold $1.5 Million January-March and another $1.1 Million in April. Overall Marchex basically matched there year ago results which were in line with market expections and the … [Read more...]
Web.com Owner Of Register.com & NetworkSolutions.com Reports Beating Estimates & Stock Rises 20%
Web.com Group, Inc. (WWWW), the owner of two of the worlds largest registrars, NetworkSolutions.com and Register.com announced results for the first quarter ended March 31, 2012 beating estimates and the stock was up almost 20% on the news. Revenue increase more than 100%. Summary of First Quarter 2012 Financial Results: Total revenue, was $91.5 million for the first quarter of 2012, … [Read more...]
QuinStreet’s Revenue & Profits Tank & So Does The Stock
Quinstreet (QNST) reported its earnings for the 1st quarter of 2012 and the nine months ended March 31, 2012, today and they reported lower revenue and earnings than the street was expecting. Compared to the prior-year quarter, revenue dropped and earnings per share dropped significantly. QuinStreet revenue was $93.0 million which was down 14% over the same quarter last year, where they … [Read more...]
Demand Media Jumps 40% In Pre-Market
Following the story this weekend that Demand Media, Inc. (DMD) turned down an offer of $1.2 Billion dollars a 100% premium to its closing price of Friday, it looks like Demand is going to open Way up this morning. In pre-market trading shares of Demand are up almost 40% currently at $9.95 a gain of $2.70 from Friday's close. We will let you know later today how the stock fared. … [Read more...]
Demand Media Turns Down $1.2 Billion To Go Private
Allthingsd.com is reporting that Demand Media, Inc. (DMD) turned down $1.2 Billion dollars in a deal that would have taken the company private this past week. The current market cap of Demand Media is $620 Million at the closing share price on Friday of around $7.25 a share. Demand is off 65% of its market cap when it went public at $17 a share. "According to the report, "Demand Media was … [Read more...]
Verisign Reports 1st Q: Revenues Up 13%, Net Up 67%; 116.7 Million .com/.net Domains & 1.39 Billion In The Bank
VeriSign, Inc. (NASDAQ: VRSN), reported its financial results for the first quarter ended March 31, 2012 after the market closed today. "VeriSign, Inc. and subsidiaries ("Verisign") reported revenue of $206 million for the first quarter of 2012, up 13% from the same quarter in 2011. " "Verisign reported net income of $68 million and diluted earnings per share (EPS) of $0.42 for the first … [Read more...]