Tameka Kee
Mar 31, 2009 5:32 PM
Dragged down by cratering yellow-pages sales and dwindling local online ad revenues, Idearc Media has filed for Chapter 11 bankruptcy protection. The plan is to get out from under $9 billion worth of total debt, and the company said it has reached a deal with creditors to slash that to…
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Advertising, Legal, Money, idearc
Joseph Weisenthal
Feb 8, 2008 8:12 AM
Directory publisher Idearc announced Q4 revenues of $787 million, down 1.7 percent from $801 million in the prior year’s quarter. Net income fell 6.5 percent to $100 million ($.68 per share) from $107 million ($.73 per share). While the core print business fell 3.5 percent to $711 million, the online…
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Money, Earnings, idearc
Joseph Weisenthal
Nov 1, 2007 7:14 AM
Directory publisher Idearc said Q3 revenues slipped 1.7 percent to $791 million, from $805 million; a a 3 percent drop in its core print business was offset by a 15 percent gain online. Internet revenues of $69 million now account for 8.7 percent of the total business. Net income fell…
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Money, Earnings, idearc
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