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Article: MakeMusic, Inc. Announces Third Quarter 2009 Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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MakeMusic, Inc. (NASDAQ: MMUS) announced financial results for the three and nine months ended September 30, 2009. Net revenues for the three and nine months ended September 30, 2009 were $4,346,000 and $11,661,000, a 9% decrease and 6% increase, respectively, compared to $4,765,000 and $10,988,000 for the same periods last year. The company also announced for the three and nine months ended September 30, 2009 a net income of $579,000 and $343,000, or $0.12 per diluted share and $0.07 per diluted share, respectively. These results represent a decrease from the reported net income of $971,000, or $0.20 per diluted share, for the three months ended September 30, 2008 and an ...
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