Tag: Financial results

Rightmove reports strong 1st half results

Rightmove reports strong 1st half results

The U.K.'s leading property portal looks to be in fine fettle with traffic up 22 per cent on last year up to 7.2 billion impressions according to Hitwise.  It claims a market share of 81 per cent (actually down a touch on the 83 per cent of last year).There will doubtless be raised eyebrows over Rightmove's decision to measure by page impressions rather than U.V.s but it is hard to argue with

DexMedia revenue declines 17% YOY

DexMedia revenue declines 17% YOY

DexMedia released earnings for Q2 2013, the first quarter after the DexOne and SuperMedia merger closed April 30. On the earnings call, president and CEO Patrick McDonald promised new products and new markets. Revenue reports were dismal, however, as a 22 percent year-over-year loss in print advertising sales was not adequately offset by the 6 percent gain in digital. Overall revenue declined 17 p

Groupon merchants commit to perpetual Deals, grow NA billings 30% YOY

While Groupon's Q2 2013 earnings resulted in a 30 percent year-over-year gross billings growth in North America,  with three of every four merchants signing on to offer ongoing Deals,  the Daily Deals veteran still has its struggles.  Groupon North America had its best quarter ever, with a record revenue of $377 million and profit increase of 12 percent from the prior quarter. However, year-over-y

Online classified revenue down 7% at The Washington Post Co. newspapers

While losses in print advertising dollars are par for the course just about everywhere, The Washington Post Company additionally took a hit in its newspaper publishing digital classified ad sales as well.  Both year-over-year and quarter-over-quarter, online classified revenue dipped 7 percent.

Trinity Mirror’s pre-tax profit up

U.K. media group Trinity Mirror revealed last week that its pre-tax profits are up 2.5 percent, reaching £49.3 million ($74 million U.S.), despite suffering an 8.5 percent drop in adjusted revenue during the first half of the year.  The group also revealed it had reduced its net debt to £120 million.The group attributes the

Classified revenue down 14.5% at Gatehouse Media

While its in-house Propel Marketing subsidiary performed well, and digital advertising revenue was up more than 17 percent year-over-year, Gatehouse Media's Q2 2013 earnings report was dismal thanks to print and classifieds. Total revenue was down 5.1 percent YOY, as total ad dollars declined nearly 9 percent.