Ask Jeeves Reports Higher Revenues

  • January 28, 2004
Web search service Ask Jeeves Inc. posted higher revenues in the fourth quarter, helped by what the company said was an improved search engine. Ask Jeeves reported revenues of $31 million in the quarter ended Dec. 31, a 58 percent jump compared to $20.2 million in revenues in the fourth quarter of 2002. Full-year revenues were $107.3 million in 2003, compared to $65 million in 2002. In a statement, an Ask Jeeves executive said queries on its sites grew 38 percent year-over-year, which he attributed to improvements to Teoma search technology and a recent marketing campaign. Ask Jeeves also provided upbeat guidance for the first quarter and full year revenues, expecting about $35 million in first-quarter revenues and $142 million for the full year 2004.
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