FWHT Q2 Earnings Out Today - Some Highlights
Robert Brahms, Chief Executive Officer of FindWhat.com, commented, ``This was an outstanding quarter for FindWhat.com that demonstrated accelerated growth for our search engine in both revenues and key metrics. In the second quarter of 2000, paid click-throughs tripled to 3.8 million, while revenue per paid click-through increased from six to seven cents. Daily searches using FindWhat.com averaged 2.2 million, up from 525,000 in the first quarter of 2000, and at the end of the quarter, we had more than 3.2 million bids on search keywords or key phrases, 5,000 advertiser accounts, and 14,000 web sites participating in our affiliate network.''
``These numbers represent substantial increases from the previous quarter, and we are very pleased to see that our growth is continuing in the third quarter. By the end of July, our advertiser accounts had grown to 6,000 and our affiliate network increased to more than 16,000 web sites. Even more gratifying is that our average revenue per click-through has increased to more than $0.10. Increasing average revenue per paid click-through, more than any other factor, drives improvements in our operating margins. Clearly, the third quarter is off to a great start.'' |
