Article: Youbet.com Posts 1Q Results


Wireless News
05-15-2009
Youbet.com Posts 1Q Results
Type: News

Youbet.com has announced results for the three-month period ended March 31.

In a release dated 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.
First Quarter 2009 Highlights

- First quarter 2009 Youbet Express handle increased $28.5 million, or 30 percent, over the prior-year period

- First quarter 2009 revenue increased 16 percent to $28.4 million, an improvement of $3.9 million over the ...

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