The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Earnings

Earnings: Answers.com Revenues Up; Losses Increase

  • Comments Comments (View)
  • Text Size: A A

Answers.com (NSDQ: ANSW), the online reference service, has reported its Q308 earnings, and reported higher revenues but a higher loss as well. Revenues for the quarter came in at $3.56 million, up 61 percent from $2.2 million in the year-ago quarter. Losses were $2.12 million, up from $1.95 million in the year-ago quarter, which it says includes the write-off of the Brainboost Answers Engine. Advertising revenues were up, to $3.54 million, up from $2.16 million in the year-ago quarter. The company’s revenue mix is also changing, and WikiAnswers.com is now the biggest part: revenues for it were $1.96 million, an increase of 31 percent compared to $1.5 million from the previous sequential quarter. Answers.com revenues were $1.58 million in Q3 2008, an increase of 6 percent compared to previous sequential quarter. More details in release. Earnings call transcript.

Nov 6, 2008 10:48 AM ET

Posted In: Money, Earnings, answers.com

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

iTunes Songs iTunes Songs
1. I Will Always Love You
2. Rolling in the Deep
3. We Are Young (feat. Janelle Monáe)
4. Set Fire to the Rain
5. Someone Like You
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff