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Article: InfoSpace Announces Record Search Revenues for Third Quarter.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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InfoSpace, Inc. (NASDAQ:INSP) announced financial results for the third quarter ended September 30, 2009.
"InfoSpace posted another strong quarter, with good performance across all of our key financial metrics," said Will Lansing, president and chief executive officer of InfoSpace. "Our results reflect impressive execution by the distribution team, which added nine new partners, and improved profitability in our core search business. We are seeing positive trends in the overall search industry and are optimistic about our continued growth in this environment."
Revenues for the third quarter of 2009 were $54.4 million, reflecting a $14.9 million or 38% ...