SEO News
Search

FindWhat's Q4 Earnings Flat

by , Comments

Pam Parker's Clickz article, FindWhat Blames Low Growth on Quality Control, takes a look at FindWhat's recently announced Q4 2004 numbers and their expectations for 2005.

The company posted net income of $4.7 million for Q4 on revenues of $58.7 million, resulting in per-share profit of $0.15. Full-year revenues came in at $169.5 million, for a profit of $17 million, or $0.60 a share.

We intentionally removed during Q4 certain traffic sources that would have generated $70,000 of revenue per day," said Craig Pisaris-Henderson, chairman and CEO of FindWhat.com. "Our focus is to deliver traffic that converts."

As I post this item (11:15 AM), shares of FindWhat are currently trading down 21% at $10.56.


SES LondonOptimising Digital Marketing Campaigns with Search, Social and Analytics
At SES London (9-11 Feb) you'll get an overview of the latest tools, tips, and tactics in Paid, Owned, Earned, Integrated Media and Business Intelligence to streamline your marketing campaigns in 2015. Register by 31 October to take advantage of Early Bird Rates.

Recommend this story

comments powered by Disqus