The Knot Fourth Quarter Earnings Call
18th March 2008 00:00 AM |
|
| Revenue rose 70% to $21.7 million, from $12.8 million in 2006 due to the WeddingChannel acquisition and increases in the local vendor base. |
|
| The lifestyle management company reported net income of $14.6 million or 45 cents a share, up 873% from $1.5 million or 6 cents a share in the prior year on revenue growth and a non-cash income tax benefit of $9.4 million. Strategic acquisitions position the firm to expand its services to benefit both advertisers and first time parents on the national and local level. |
|
|
Full Story... |
The Knot Second Quarter Earnings Call
28th August 2007 00:00 AM |
|
| Income was $4.8 million or 15 cents a share from $3.9 million or 17 cents a share in 2006, due to extension of the multi-media platform. |
|
| The life stage media company targeting couples planning their weddings reported a 60% growth in revenue to $28 million, powered by online national advertising. This showed resilience of the business model, given the adverse impact of operational challenges on the e-commerce site, particularly during the promotional sales periods when traffic and transaction volumes spiked. New magazines and TV programs are expected to grow revenues against increase spending in Product and Content area. |
|
|
Full Story... |
The Knot First Quarter Earnings Call
17th May 2007 00:00 AM |
|
| Net income was $1.6 million or 5 cents per share, which compares to net income of $1.7 million or 7 cents per share in the last year. |
|
| The leading lifestage media company reported revenue of $21 million, an improvement of 43 percent over the prior year quarter. In March, The Knot entered into a two-year agreement with Macy''s Wedding & Gift Registry, making Macy''s the exclusive retail partner providing products on TheKnot.com registry. The firm will have an aggressive pricing strategy in fiscal 2007, supported by a program that will offer local vendors combined presence on the Knot and WeddingChannel web site. |
|
|
Full Story... |
|
|
