Sector Close-Up on Tech Stocks, Tech IPO Winner SolarWinds, Inc. (NYSE: SWI) and OpenTable Inc (NasdaqGM: OPEN)
POINT ROBERTS, Wash, May 21, 2009 - Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, feature a sector close- up on Technology stocks recent IPO’s SolarWinds, Inc. (NYSE: SWI) and OpenTable Inc (NasdaqGM: OPEN).
This week SolarWinds, Inc. (NYSE: SWI) announced the initial public offering of 12,116,279 shares of its common stock at $12.50 per share, with shares trading on the New York Stock Exchange on May 20, 2009 . SolarWinds offered 9,000,000 shares of common stock and selling stockholders are offering the remaining 3,116,279 shares in the offering. The underwriters have a 30-day option to purchase up to an additional 1,817,441 shares from the selling stockholders to cover over-allotments, if any. The stock moved up on its first day of trading, closing Wednesday at $13.75 a share.
On Tuesday OpenTable Inc (NasdaqGM: OPEN), increased the price of its IPO to $16-$18 a share, from f $12-$14 a share, showing more strength and optimism in the tech sector.
SolarWinds, Inc. (NYSE: SWI) shares opened up in Thursday’s trading and the market is watching the opening of OpenTable Inc (NasdaqGM: OPEN) closely.
Tech Company Snapshots-
SolarWinds .(NYSE: SWI) provides network management software to more than 80,000 customers worldwide – from Fortune 500 enterprises to small businesses. Focused on the real-world needs of network professionals, SolarWinds products are downloadable, easy to use and maintain, and provide the power, scale, and flexibility needed to manage today's complex network environments. SolarWinds' growing online community, thwack, offers users problem-solving and technology-sharing for all of SolarWinds' products.
OpenTable (NasdaqGM: OPEN) is the leading supplier of reservation, table management and guest management software for restaurants. In addition, the company operates www.opentable.com, the world’s most popular website for making restaurant reservations online.
With more than 10,000 customers throughout the United States, Canada, Mexico, United Kingdom, Germany, France, Spain and Japan, the OpenTable hardware and software system replaces pen-and-paper at the host stand. It automates the process of taking reservations and managing tables, while allowing restaurants to build robust diner databases for superior guest recognition and targeted e-mail marketing.
Featured Technology Showcase Company
Techsectorstocks.com feature the company profile for USA Video Interactive Corporation (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt: USF.F), a company that designs and markets technology for delivery of digital media. The Company's products add anti-piracy solutions to existing distribution channels and extend distribution into interactive channels with Video-on-Demand.
USA Video Interactive's current focus is on MediaEscort™ and SmartMarks, to help the film and television industry fight piracy, providing a robust means for producers and distributors to invisibly mark their content with the proof authorities need to catch the crooks who steal films, television shows, and video content.
About MediaEscort(TM):
MediaEscort(TM) is an industry first, IP-centric, real-time online watermarking product, with its own administrative infrastructure fully integrated into customer's video servers. It will automatically and seamlessly embed SmartMarks -- imperceptible forensic information in every frame of video content -- during Internet delivery, providing the proof courts need to protect intellectual property rights, indicting and convicting the individuals who steal the original material. Using MediaEscort, copyright holders are able to protect their content without restricting the fair uses of legitimate customers. MediaEscort's SmartMarks work across all distribution and presentation channels and technologies. It seamlessly provides an entire system for piracy protection without frustrating consumers, who will continue to have the freedom to enjoy content in their own way. In addition, MediaEscort has the ability to support all major codecs in the industry, while preserving the SmartMark and the process is fully compatible with DRM.
Read the full company profile:
Visit www.usvo.com or the company showcase on Investoideas.com at:
http://www.investorideas.com/CO/USVO/Default.asp
About Us:
TechSectorStocks.com is an investor and industry news portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but offers unique free information to research news, exclusive articles and columns, audio interviews, blogs and investor conferences for the Tech sector.
Tech stock directory: http://www.investorideas.com/TSS/Stock_List.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Become an Investorideas.com Member- access leading sector stock directories and Insider Trading column
http://www.investorideas.com/membership/
Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Become an InvestorIdeas.com® Member for Just $99/year
Learn more: - click here
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies including USVO, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp and disclosure for USVO- http://www.investorideas.com/About/News/Clientspecifics.asp
Sign up for free newsletter, stock and sector news alerts at Investorideas.com
Click here: http://www.investorideas.com/Resources/Newsletter.asp
For Additional Information:
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Source – Investorideas.com
Showing posts with label tech stocks. Show all posts
Showing posts with label tech stocks. Show all posts
Thursday, May 21, 2009
Tuesday, April 28, 2009
Sector Close-Up on Tech Stocks; Online Retailers/e-commerce
Sector Close-Up on Tech Stocks; Online Retailers/e-commerce
POINT ROBERTS, Wash, April 28, 2009 - Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, feature a sector close- up on Technology stocks in Online Retailing/e-commerce.
According to a survey by Forrester Research and Shop.org, US online retail sales rose an average of 11% in the first three months of 2009. Of the 80 companies studied, 58% saw online sales increases compared with the same quarter last year.
Source- emarker.com: http://www.emarketer.com/Article.aspx?R=1007058
Tech Stocks - Sector close- Up April 28th trading:
Amazon.com, Inc. (NasdaqGS: AMZN) trading at $82.81, down $ 0.31 (0.37%) 2:19pm ET with an earlier high on the day of $85.35
BARNES & NOBLE (NYSE: BKS) trading at $26.05, up $ 0.33 (1.28%) 2:18pm ET
Books-A-Million, Inc. (NasdaqGS: BAMM) trading at $ 5.55,up $0.12 (2.21%) 1:41pm ET
BORDERS GROUP INC (NYSE: BGP) trading at $2.42,up$ 0.46 (23.47%) 2:20pm ET
eBay Inc. (NasdaqGS: EBAY) trading at $ 16.27,down $ 0.20 (1.21%) 2:22pm ET
Company Snapshots
Online Retailers/e-commerce
Amazon.com, Inc. (NasdaqGS: AMZN) a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Computers & Office; Electronics; Home & Garden; Grocery, Health & Beauty; Toys, Kids & Baby; Apparel, Shoes & Jewelry; Sports & Outdoors; and Tools, Auto & Industrial.
BARNES & NOBLE (NYSE: BKS) the world’s largest bookseller and a Fortune 500 company, operates 778 bookstores in 50 states. Barnes & Noble is the nation’s top bookseller in quality, and for the fifth year in a row, the top bookseller brand, as determined by a combination of the brand’s performance on familiarity, quality, and purchase intent, according to the EquiTrend® Brand Study by Harris Interactive®. Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites.
Books-A-Million, Inc. (NasdaqGS: BAMM) Books-A-Million is one of the nation’s leading book retailers and sells on the Internet at www.booksamillion.com. The Company presently operates more than 200 stores in 21 states and the District of Columbia. The Company operates two distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., and traditional bookstores operating under the name Bookland. The Company’s wholesale operations include American Wholesale Book Company and Book$mart, both based in Florence, Alabama.
BORDERS GROUP INC (NYSE: BGP) Headquartered in Ann Arbor, Mich., Borders Group, Inc. is a leading retailer of books, music and movies with approximately 25,000 employees. Through it subsidiaries, the company operates more than 1,000 stores primarily under the Borders® and Waldenbooks® brand names and offers online shopping through Borders.com.
eBay Inc. (NasdaqGS: EBAY) Founded in 1995, eBay Inc. connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California.
About Us:
TechSectorStocks.com is an investor and industry news portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but offers unique free information to research news, exclusive articles and columns, audio interviews, blogs and investor conferences for the Tech sector.
Tech stock directory: http://www.investorideas.com/TSS/Stock_List.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Become an Investorideas.com Member- access leading sector stock directories and Insider Trading column
http://www.investorideas.com/membership/
Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Become an InvestorIdeas.com® Member for Just $99/year
Learn more: - click here
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Sign up for free newsletter, stock and sector news alerts at Investorideas.com
click here: http://www.investorideas.com/Resources/Newsletter.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
POINT ROBERTS, Wash, April 28, 2009 - Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, feature a sector close- up on Technology stocks in Online Retailing/e-commerce.
According to a survey by Forrester Research and Shop.org, US online retail sales rose an average of 11% in the first three months of 2009. Of the 80 companies studied, 58% saw online sales increases compared with the same quarter last year.
Source- emarker.com: http://www.emarketer.com/Article.aspx?R=1007058
Tech Stocks - Sector close- Up April 28th trading:
Amazon.com, Inc. (NasdaqGS: AMZN) trading at $82.81, down $ 0.31 (0.37%) 2:19pm ET with an earlier high on the day of $85.35
BARNES & NOBLE (NYSE: BKS) trading at $26.05, up $ 0.33 (1.28%) 2:18pm ET
Books-A-Million, Inc. (NasdaqGS: BAMM) trading at $ 5.55,up $0.12 (2.21%) 1:41pm ET
BORDERS GROUP INC (NYSE: BGP) trading at $2.42,up$ 0.46 (23.47%) 2:20pm ET
eBay Inc. (NasdaqGS: EBAY) trading at $ 16.27,down $ 0.20 (1.21%) 2:22pm ET
Company Snapshots
Online Retailers/e-commerce
Amazon.com, Inc. (NasdaqGS: AMZN) a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Computers & Office; Electronics; Home & Garden; Grocery, Health & Beauty; Toys, Kids & Baby; Apparel, Shoes & Jewelry; Sports & Outdoors; and Tools, Auto & Industrial.
BARNES & NOBLE (NYSE: BKS) the world’s largest bookseller and a Fortune 500 company, operates 778 bookstores in 50 states. Barnes & Noble is the nation’s top bookseller in quality, and for the fifth year in a row, the top bookseller brand, as determined by a combination of the brand’s performance on familiarity, quality, and purchase intent, according to the EquiTrend® Brand Study by Harris Interactive®. Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites.
Books-A-Million, Inc. (NasdaqGS: BAMM) Books-A-Million is one of the nation’s leading book retailers and sells on the Internet at www.booksamillion.com. The Company presently operates more than 200 stores in 21 states and the District of Columbia. The Company operates two distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., and traditional bookstores operating under the name Bookland. The Company’s wholesale operations include American Wholesale Book Company and Book$mart, both based in Florence, Alabama.
BORDERS GROUP INC (NYSE: BGP) Headquartered in Ann Arbor, Mich., Borders Group, Inc. is a leading retailer of books, music and movies with approximately 25,000 employees. Through it subsidiaries, the company operates more than 1,000 stores primarily under the Borders® and Waldenbooks® brand names and offers online shopping through Borders.com.
eBay Inc. (NasdaqGS: EBAY) Founded in 1995, eBay Inc. connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California.
About Us:
TechSectorStocks.com is an investor and industry news portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but offers unique free information to research news, exclusive articles and columns, audio interviews, blogs and investor conferences for the Tech sector.
Tech stock directory: http://www.investorideas.com/TSS/Stock_List.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Become an Investorideas.com Member- access leading sector stock directories and Insider Trading column
http://www.investorideas.com/membership/
Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Become an InvestorIdeas.com® Member for Just $99/year
Learn more: - click here
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Sign up for free newsletter, stock and sector news alerts at Investorideas.com
click here: http://www.investorideas.com/Resources/Newsletter.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Thursday, April 23, 2009
Investor Ideas Stock Directories in Leading Sectors Including, Renewable Energy Stocks, Biotech Stocks, Defense Stocks, China Stocks, Tech Stocks, Gam
Investor Ideas Stock Directories in Leading Sectors Including, Renewable Energy Stocks, Biotech Stocks, Defense Stocks, China Stocks, Tech Stocks, Gaming Stocks
What makes our stock directories unique? Directories Include Micro-cap OTC stocks, NASDAQ, NYSE stocks as well as public companies on global stock exchanges
POINT ROBERTS, Wash., Delta B.C., April 24, 2009 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, water and Homeland Security, provides research tools and stock directories in leading sectors for investors following small micro- cap stocks to NYSE listed companies, to public companies on foreign stocks exchanges.
From China stocks to renewable energy to gaming and tech, the stock directories provide investors with an initial starting point of due diligence for each sector. To meet the full range of investor needs and preferences, the directories include stocks listed on the TSX, OTCBB, NASDAQ, NYSE and global exchanges.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering leading industry sectors and global markets including China, India, Middle East and Australia.
Investor Ideas research tools empower independent investors to facilitate their own research. The
Stock directories are also a useful tool for brokers, institutions and funds in the relative sectors.
To review the full list of stock directories for investors : Water Stocks, Renewable Energy and Green Stocks, Energy Stocks, Oilsands Stocks, Mining Stocks, Homeland Defense Stocks, Nanotech Stocks, Biotech Stocks, RFID Stocks, Music Stocks, Homebuilder Stocks, Digital Media and more:
http://www.investorideas.com/dirs/stocklist.asp
Investorideas.com membership gives additional full login access to the Water Stocks Directory, Renewable Energy Stocks Directory , Biotech Stocks Directory and Defense Stocks Directory .
Become an Investorideas.com Member
Become an InvestorIdeas.com member: http://www.investorideas.com/membership/
Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Learn more: - click here
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
What makes our stock directories unique? Directories Include Micro-cap OTC stocks, NASDAQ, NYSE stocks as well as public companies on global stock exchanges
POINT ROBERTS, Wash., Delta B.C., April 24, 2009 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, water and Homeland Security, provides research tools and stock directories in leading sectors for investors following small micro- cap stocks to NYSE listed companies, to public companies on foreign stocks exchanges.
From China stocks to renewable energy to gaming and tech, the stock directories provide investors with an initial starting point of due diligence for each sector. To meet the full range of investor needs and preferences, the directories include stocks listed on the TSX, OTCBB, NASDAQ, NYSE and global exchanges.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering leading industry sectors and global markets including China, India, Middle East and Australia.
Investor Ideas research tools empower independent investors to facilitate their own research. The
Stock directories are also a useful tool for brokers, institutions and funds in the relative sectors.
To review the full list of stock directories for investors : Water Stocks, Renewable Energy and Green Stocks, Energy Stocks, Oilsands Stocks, Mining Stocks, Homeland Defense Stocks, Nanotech Stocks, Biotech Stocks, RFID Stocks, Music Stocks, Homebuilder Stocks, Digital Media and more:
http://www.investorideas.com/dirs/stocklist.asp
Investorideas.com membership gives additional full login access to the Water Stocks Directory, Renewable Energy Stocks Directory , Biotech Stocks Directory and Defense Stocks Directory .
Become an Investorideas.com Member
Become an InvestorIdeas.com member: http://www.investorideas.com/membership/
Members only Restricted Content including the Insiders Corner,
Renewable Energy Stocks Directory, Water Stocks Directory,
Biotech Stocks Directory, Defense Stocks Directory and more coming soon!
Learn more: - click here
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Monday, November 17, 2008
Tech News of the day: SNAP INTERACTIVE NEARLY TRIPLES QUARTERLY NET INCOME, GROWS QUARTERLY REVENUE 63%
SNAP INTERACTIVE NEARLY TRIPLES QUARTERLY NET INCOME, GROWS QUARTERLY REVENUE 63%
NEW YORK, NY - November 17, 2008 - SNAP Interactive, Inc. ("SNAP" or the "Company") (OTC BB: STVI), a leading provider of online dating applications for social networking websites, today announced record operating results for the quarter ended September 30, 2008.
Financial Highlights, as Compared to Last Quarter (the Quarter ended June 30, 2008)
- Revenue: $871,324, as compared to $533,257 - a 63% increase
- Net Income: $410,283, as compared to $144,862 - a 183% increase
- Earnings per Share (EPS): $0.04, as compared to $0.01
(A comprehensive description of results follows below.)
"To put it simply, SNAP is already profitable and we have grown our revenue for 5 consecutive quarters - despite an early focus on growth ahead of monetization. We nearly tripled quarterly net income in the third quarter by virtue of increasing traffic to our existing applications and the advertising programs built within," stated SNAP President and CEO Clifford Lerner. "We also began offering paid premium features through our applications and look forward to expanding that revenue driver in the future. We have long believed that developing a critical mass user base was Priority #1 for a dating application; having now accomplished that with more than 16 Million total users we can turn our attention to new and inventive revenue driving strategies, evolving not only our own business model but the entire Social Network Application industry landscape. We are particularly excited about the expansion potential of the mobile device opportunity.
"We are very proud of the significant milestones we have achieved to date, and we believe that the next twelve months will offer new and excit ing opportunities, both for SNAP and the greater space we are helping to define."
To be added to the SNAP investor email list, please email justin.davis@cirrusfc.com with STVI in the subject line.
Comprehensive Operational Results Description
Revenue increased from $35,383 for the three months ended September 30, 2007 to $871,324 for the three months ended September 30, 2008, an increase of $835,941.
Revenue increased from $35,669 for the nine months ended September 30, 2007 to $1,924,483 for the nine months ended September 30, 2008, an increase of $1,888,814.
These revenues are primarily generated from advertisements placed on our 'Are You Interested' & 'Meet New People' applications as well as premium features on our 'Are You Interested' applications. The increase in revenue was primarily due to the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications as well as use of our premium features.
Net Income increased to $410,283 for the three months ended September 30, 2008 from a loss of $79,538 for the three months ended September 30, 2007, an increase of $489,821.
Net Income increased to $745,654 for the nine months ended September 30, 2008 from a loss of $357,537 for the nine months ended September 30, 2007, an increase of $1,103,491.
The increase in net income was primarily due to the increased revenue from the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications and use of our premium features.
Based on shares outstanding (basic) of 10,359,560 as of September 30, 2008, SNAP had net income of approximately $0.04 per share for t he quarter ended September 30, 2008, as compared to a net loss of approximately $0.01 per share for the quarter ended June 30, 2007. SNAP reported net income of approximately $0.07 per share for the nine months ended September 30, 2008, as compared to a net loss of $0.04 for the nine months ended June 30, 2007.
About SNAP Interactive, Inc.
Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed two dating applications built on Facebook® Platform which have in excess of 15 million installations, and has also launched dating applications on MySpace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'
For more information visit www.snap-interactive.com.
CONTACT:
Cirrus Financial Communications, LLC
Justin K. Davis
(877) 977-STVI (7884)
contact@snap-interactive.com
www.cirrusfc.com
Facebook® is a registered trademark of Facebook Inc.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from comme rcial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
NEW YORK, NY - November 17, 2008 - SNAP Interactive, Inc. ("SNAP" or the "Company") (OTC BB: STVI), a leading provider of online dating applications for social networking websites, today announced record operating results for the quarter ended September 30, 2008.
Financial Highlights, as Compared to Last Quarter (the Quarter ended June 30, 2008)
- Revenue: $871,324, as compared to $533,257 - a 63% increase
- Net Income: $410,283, as compared to $144,862 - a 183% increase
- Earnings per Share (EPS): $0.04, as compared to $0.01
(A comprehensive description of results follows below.)
"To put it simply, SNAP is already profitable and we have grown our revenue for 5 consecutive quarters - despite an early focus on growth ahead of monetization. We nearly tripled quarterly net income in the third quarter by virtue of increasing traffic to our existing applications and the advertising programs built within," stated SNAP President and CEO Clifford Lerner. "We also began offering paid premium features through our applications and look forward to expanding that revenue driver in the future. We have long believed that developing a critical mass user base was Priority #1 for a dating application; having now accomplished that with more than 16 Million total users we can turn our attention to new and inventive revenue driving strategies, evolving not only our own business model but the entire Social Network Application industry landscape. We are particularly excited about the expansion potential of the mobile device opportunity.
"We are very proud of the significant milestones we have achieved to date, and we believe that the next twelve months will offer new and excit ing opportunities, both for SNAP and the greater space we are helping to define."
To be added to the SNAP investor email list, please email justin.davis@cirrusfc.com with STVI in the subject line.
Comprehensive Operational Results Description
Revenue increased from $35,383 for the three months ended September 30, 2007 to $871,324 for the three months ended September 30, 2008, an increase of $835,941.
Revenue increased from $35,669 for the nine months ended September 30, 2007 to $1,924,483 for the nine months ended September 30, 2008, an increase of $1,888,814.
These revenues are primarily generated from advertisements placed on our 'Are You Interested' & 'Meet New People' applications as well as premium features on our 'Are You Interested' applications. The increase in revenue was primarily due to the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications as well as use of our premium features.
Net Income increased to $410,283 for the three months ended September 30, 2008 from a loss of $79,538 for the three months ended September 30, 2007, an increase of $489,821.
Net Income increased to $745,654 for the nine months ended September 30, 2008 from a loss of $357,537 for the nine months ended September 30, 2007, an increase of $1,103,491.
The increase in net income was primarily due to the increased revenue from the growth of our applications and the increased usage in the third quarter of 2008 compared to the same time period in 2007, which resulted in more traffic to our applications which produced more impressions and clicks on advertisements displayed on our applications and use of our premium features.
Based on shares outstanding (basic) of 10,359,560 as of September 30, 2008, SNAP had net income of approximately $0.04 per share for t he quarter ended September 30, 2008, as compared to a net loss of approximately $0.01 per share for the quarter ended June 30, 2007. SNAP reported net income of approximately $0.07 per share for the nine months ended September 30, 2008, as compared to a net loss of $0.04 for the nine months ended June 30, 2007.
About SNAP Interactive, Inc.
Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed two dating applications built on Facebook® Platform which have in excess of 15 million installations, and has also launched dating applications on MySpace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'
For more information visit www.snap-interactive.com.
CONTACT:
Cirrus Financial Communications, LLC
Justin K. Davis
(877) 977-STVI (7884)
contact@snap-interactive.com
www.cirrusfc.com
Facebook® is a registered trademark of Facebook Inc.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from comme rcial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
Wednesday, April 23, 2008
Sector Close Up- Tech Stocks, Geeks On Call Holdings, Inc. (OTCBB: GOCH), Google (NASDAQ: GOOG), Yahoo! (NASDAQ: YHOO), Microsoft (NASDAQ: MSFT)
Sector Close Up- Tech Stocks, Geeks On Call Holdings, Inc. (OTCBB: GOCH), Google (NASDAQ: GOOG), Yahoo! (NASDAQ: YHOO), Microsoft (NASDAQ: MSFT)
POINT ROBERTS, Wash., Delta B.C., April 23, 2008 - Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, feature a sector close- up on Technology stocks, dominated by Google’s recent performance to the upside. Following Google’s recent dramatic rise of over $90 in one day it continues to perform. Google’s shares were up $17.21, or 3.2 percent, to $555.
Several tech stocks were down on the day but showed signs of investor resilience in after hours trading.
Sector Close up – Tech Stocks as of Close April 22, 2008
Google (NASDAQ: GOOG) was up $17.21, or 3.2 percent, to $555.
DELL INC (NasdaqGS: DELL) was down on the day but up in after hours to $19.14, up 0.09 (0.47%).
Yahoo! (NASDAQ: YHOO) was down a penny to $28.54.
eBay Inc. (NASDAQ: EBAY) shares went up 26 cents to $30.89.
Microsoft (NASDAQ: MSFT) was up in after market to $30.46, up 0.21 (0.69%).
Intel Corp. (NASDAQ: INTC) closed at $21.99, down 0.47 (2.09%) with after market investor interest taking it to $22.15, up 0.16 (0.73%).
IBM (NYSE:IBM)
Juniper Networks Inc. (NASDAQ: JNPR) closed at $24.34, down 0.81 (3.22%) with some after hours life bringing it to $ 24.49.
Citrix Systems Inc. (CTXS) closed at $32.15, up 0.30 (0.94%) and continued the trend after hours.
Geeks on Call (OTCBB: GOCH) closed at $1.25, up 0.05 (4.17%).
APPLE INC (NasdaqGS: AAPL) was down to $160.20, off 7.96 (4.73%) and then turned around after hours to161.96, up 1.76 (1.10%).
About Technology Showcase Stock, Geeks On Call Holdings, Inc. (OTCBB: GOCH):
Geeks On Call America is a wholly-owned subsidiary of Geeks On Call Holdings, Inc. (OTCBB: GOCH). Through its trade names 1-800-905-GEEK and Geeks On Call, the company is a premier national provider of on-site computer service and solutions to small business and residential customers. Founded in 1999, the company helped pioneer the on-site residential IT service concept. Since then, small businesses and residential customers across the nation have trusted Geeks On Call/1-800-905-GEEK’s certified IT professionals to provide computer privacy and security solutions, hardware and network installations, troubleshooting, repairs, upgrades and consulting. The company began franchising in 2001 and has granted over 300 franchises with new locations opening regularly. All franchises are independently owned and operated.
Visit the Company Showcase on Investorideas.com at: http://www.techsectorstocks.com/CO/GOCH/Default.asp
Media Presentation: http://www.investorideas.com/CO/GOCH/ss/default.asp
Or the Company Website at: http://www.geeksoncall.com/
About Us:
TechSectorStocks.com is an investor and industry news portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but offers unique free information to research news, exclusive articles and columns, audio interviews, blogs and investor conferences for the Tech sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
The site also features a growing directory of Digital Media Stocks for independent investor research at: www.digitalmediastocks.com/DMS/Stock_List.asp
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp - Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Geeks On Call Holdings, Inc compensates Investorideas.com $5000 per month and 50,000 144 shares pro-rata over 12 months.
For more information contact:
Dawn Van Zant: 800.665.0411
Email: dvanzant@investorideas.com
Source: Investorideas.com, Geeks On Call, TechSectorStocks.com
POINT ROBERTS, Wash., Delta B.C., April 23, 2008 - Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, feature a sector close- up on Technology stocks, dominated by Google’s recent performance to the upside. Following Google’s recent dramatic rise of over $90 in one day it continues to perform. Google’s shares were up $17.21, or 3.2 percent, to $555.
Several tech stocks were down on the day but showed signs of investor resilience in after hours trading.
Sector Close up – Tech Stocks as of Close April 22, 2008
Google (NASDAQ: GOOG) was up $17.21, or 3.2 percent, to $555.
DELL INC (NasdaqGS: DELL) was down on the day but up in after hours to $19.14, up 0.09 (0.47%).
Yahoo! (NASDAQ: YHOO) was down a penny to $28.54.
eBay Inc. (NASDAQ: EBAY) shares went up 26 cents to $30.89.
Microsoft (NASDAQ: MSFT) was up in after market to $30.46, up 0.21 (0.69%).
Intel Corp. (NASDAQ: INTC) closed at $21.99, down 0.47 (2.09%) with after market investor interest taking it to $22.15, up 0.16 (0.73%).
IBM (NYSE:IBM)
Juniper Networks Inc. (NASDAQ: JNPR) closed at $24.34, down 0.81 (3.22%) with some after hours life bringing it to $ 24.49.
Citrix Systems Inc. (CTXS) closed at $32.15, up 0.30 (0.94%) and continued the trend after hours.
Geeks on Call (OTCBB: GOCH) closed at $1.25, up 0.05 (4.17%).
APPLE INC (NasdaqGS: AAPL) was down to $160.20, off 7.96 (4.73%) and then turned around after hours to161.96, up 1.76 (1.10%).
About Technology Showcase Stock, Geeks On Call Holdings, Inc. (OTCBB: GOCH):
Geeks On Call America is a wholly-owned subsidiary of Geeks On Call Holdings, Inc. (OTCBB: GOCH). Through its trade names 1-800-905-GEEK and Geeks On Call, the company is a premier national provider of on-site computer service and solutions to small business and residential customers. Founded in 1999, the company helped pioneer the on-site residential IT service concept. Since then, small businesses and residential customers across the nation have trusted Geeks On Call/1-800-905-GEEK’s certified IT professionals to provide computer privacy and security solutions, hardware and network installations, troubleshooting, repairs, upgrades and consulting. The company began franchising in 2001 and has granted over 300 franchises with new locations opening regularly. All franchises are independently owned and operated.
Visit the Company Showcase on Investorideas.com at: http://www.techsectorstocks.com/CO/GOCH/Default.asp
Media Presentation: http://www.investorideas.com/CO/GOCH/ss/default.asp
Or the Company Website at: http://www.geeksoncall.com/
About Us:
TechSectorStocks.com is an investor and industry news portal within the InvestorIdeas.com® content umbrella, does not make recommendations, but offers unique free information to research news, exclusive articles and columns, audio interviews, blogs and investor conferences for the Tech sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
The site also features a growing directory of Digital Media Stocks for independent investor research at: www.digitalmediastocks.com/DMS/Stock_List.asp
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp - Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Geeks On Call Holdings, Inc compensates Investorideas.com $5000 per month and 50,000 144 shares pro-rata over 12 months.
For more information contact:
Dawn Van Zant: 800.665.0411
Email: dvanzant@investorideas.com
Source: Investorideas.com, Geeks On Call, TechSectorStocks.com
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