Joe Copia's daytrades/investments and thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Copia who wrote (24567)	5/7/2002 7:11:27 PM
From: Jim Bishop	Read Replies (2) of 25711

Reuters Company News Jupiter Media Metrix reports Q1 loss, lower revs NEW YORK, May 7 (Reuters) - The Internet research group Jupiter Media Metrix Inc. (NasdaqNM:JMXI - news) Tuesday reported a first- quarter loss and sharply lower revenues, reflecting the sale of some assets and generally depressed conditions in the Internet industry. Jupiter said it posted a loss of $48.4 million, or $1.35 a share in the quarter, compared with a loss of $54.2 million, or $1.53 a share the year before. Revenues fell to $10.8 million from $29.6 million, and the company said all of its major business segments showed a sharp decline in revenues. Measurement revenues fell to $5.9 million from $14.3 million, research service revenues fell to $4.7 million from $14.3 million and events revenues fell to $164,000 from $987,000. The company said it was continuing to consider strategic alternatives, but also remained focused on offering new products to serve its customers. Separately, Jupiter said it settled patent litigation with NetRatings Inc. (NasdaqNM:NTRT - news) and that NetRatings will pay it $15 million in exchange a patent covering certain tracking activities.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next