QMCI.ob .34
Wednesday November 15, 9:00 am ET
PHOENIX--(BUSINESS WIRE)--QuoteMedia, Inc., a leading provider of market data, corporate news, and financial applications, announced financial results for the three and nine months ended September 30, 2006. These results reflect a 44% increase in third quarter revenues, to $960,111 from $667,148 in 2005. Revenue for the nine months ended September 30, 2006 increased 59%, to $2,651,248 from $1,665,176 in 2005. Net cash flow from operations for the nine months ended September 30, 2006 was $677,940, compared to net cash flow from operations of $237,900 for the same fiscal period in 2005. biz.yahoo.com
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