Record Quarterly Revenues At

  • April 27, 2007
Financial news site reported a record first-quarter revenue of $14.5 million on Thursday, up 30% from the same quarter last year.

The company attributed part of the boom to a rise in ad revenue, with CEO and chairman Thomas. J. Clarke Jr. saying in a statement: "Advertising now comprises 35% of our total revenue mix and we are well positioned to meet our strategic goal of advertising revenue comprising 50% of total revenue by the end of 2008."

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