Medialink Reports 14% 3Q Revenue Rise

  • November 15, 2007
Medialink Worldwide announced its third-quarter results. Revenues for the three months ended Sept. 30 were up 14% from the same period in 2006. Revenues from Teletrax digital video-tracking services increased 31.4%, and revenues from media communications services increased 12.1%. The company incurred an operating loss of $2.1 million in the third quarter of 2007, as compared to an operating loss of $3.4 million in the 2006 quarter. For the three months ended September 30, 2007, the company reported a net loss of $1.6 million, or $0.25 per share. For the nine months ended Sept. 30, revenues increased by 9.5%.

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