am I the only one who missed this? "Data Broadcasting see Q2 revs gain"
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Tuesday January 19, 12:23 pm Eastern Time
Data Broadcasting see Q2 revs gain
JACKSON, Wyo., Jan 19 (Reuters) - Data Broadcasting Corp. on Tuesday said it expects to report second quarter revenues of $24.2 million, up from $22.9 million a year ago.
The information provider reported revenues of $22.5 million in the first quarter of fiscal 1999.
Data Broadcasting said it now has more than 8,000 subscribers for its Internet-delivered market data services, up 50 percent from subscriber levels at September 30, 1998.
''The 8,000 subscriber level represents an important milestone for DBC and provides strong evidence that our Internet strategy continues to be successful,'' Alan Hirschfield and Allan Tessler, co-chief executive officers, said in a press statement.
''Internet subscriptions are now significantly outpacing the transitional decline in our broadcast base,'' they said.
Shares of Data Broadcasting fell to 19-3/4, off 2, at midday on Tuesday. It was the most active stock on the Nasdaq Market. |
