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Article: Youbet.com Posts Results for the Three-Month Period Ended March 31.(Financial report)
- Article from:
- Entertainment Close-up
- Article date:
- May 21, 2009
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Youbet.com, Inc. announced results for the three-month period ended March 31.
In a release on May 13, the company noted that for the first quarter 2009, diluted earnings per share were $0.03, versus diluted earnings per share of $0.02 in the prior-year period. First quarter earnings per share from continuing operations were $0.03, compared to $0.03 in the prior year period.
Youbet CEO Michael Brodsky said, "We are pleased with our first quarter 2009 results, as we are off to a strong start in spite of the difficult economy, and in an industry that according to Equibase has shown a 9.3 percent handle decline on a year-over-year basis. Our handle and ...