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Article: Intermedia Marketing Solutions Announces Results for the First Quarter; Sales Increase 76%; Loss Reversed, Net Income Increases $521,000.
- Article from:
- PR Newswire
- Article date:
- May 7, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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)
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POMPANO BEACH, Fla., May 7 /PRNewswire/ --
Intermedia Marketing Solutions, Inc. (OTC Bulletin Board: EBUY), an integrated multimedia marketing-solutions company today announced operating results for the quarter ended March 31, 2001.
Revenues for the quarter ended March 31, 2001, rose 76% to $3.5 million from $2.0 million in the quarter ended March 31, 2000. Net income for the first quarter of 2001 climbed to $223,060, or $0.02 fully diluted earnings per share, compared with a loss of $(297,868), or $(0.02) fully diluted earnings per share for the quarter ended March 31, 2000. This represents an increase of $521,000.
Commenting on the strong ...