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Earnings Analysis: 
Website Pros Swings to Profit
Author: 123jump.com Staff
123jump.com
Last Update: 2:32 PM EST November 08 2006



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Website Pros recorded third-quarter net income versus the third-quarter net loss a year earlier. Greenfield Online reported a 19% increase in profit as revenue grew 8%. Youbet.com reported 42% higher revenue versus a year-ago period. Bitstream Inc. third-quarter profit tripled on strong revenue growth.

 
Website Pros Inc. (WSPI: chart), Web services and online marketing provider, reported a third-quarter net income of $1.38 million, or 7 cents per share, compared with a year-ago net loss of $322,000, or 6 cents per share. Revenue climbed to $12 million from $10.1 million in the same quarter a year ago.

Greenfield Online Inc. (SRVY: chart), Internet surveys for marketing companies provider, said that its third-quarter net earnings increased to $1.84 million, or 7 cents per share, compared with $1.55 million, or 6 cents per share, in the year-ago period. Revenue climbed to $24.9 million from $23.1 million during the third quarter last year.

Youbet.com Inc. (UBET: chart), Internet gambling company, reported a third-quarter net loss of $440,000, or a penny per share versus net earnings of $1.85 million, or 5 cents per share in the same quarter last year. Revenue jumped 42% to $37 million, compared with $26.1 million in the year-ago period.

Bitstream Inc. (BITS: chart), software development company, said that its third-quarter net earnings increased to $953,000, or 9 cents per share, compared with $312,000, or 3 cents per share, last year. Revenue climbed to $5.15 million from $3.83 million in the year-ago quarter.
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