|
|
Article: Youbet.com Posts Results for the Three and Six-Month Periods Ended June 30.(Financial report)
- Article from:
- Entertainment Close-up
- Article date:
- August 13, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Youbet.com, Inc. has announced results for the three and six-month periods ended June 30.
In a release on August 12, the Company noted that, for the second quarter 2009, diluted earnings per share were $0.03, versus diluted earnings per share of $0.05 in the prior-year period.
Youbet President and Chief Executive Officer David Goldberg noted, "In spite of the economic downturn and industry turmoil, which included reduced racing days at premium tracks, Youbet Express posted impressive gains in several important metrics. Youbet Express saw another quarter of double-digit handle gain and revenue continued to increase in the face of the weak economy and ...