To: Catfish who wrote (22605 ) 1/27/2000 9:52:00 AM From: Wayne Rumball Respond to of 150070
Wonder if everyone missed this or if it was too much to digest; (COMTEX) B: SALON.COM REPORTS RECORD REVENUES OF $3.0 MILLION IN THIR B: SALON.COM REPORTS RECORD REVENUES OF $3.0 MILLION IN THIRD FISCAL QUARTER AND UNIQUE VISITORS GROW 423% TO 3.4 MILLION REVENUE INCREASES 119% Over Prior Quarter and 193% Over Year-Ago Quarter Traffic Surges 79% Over September 1999 and 423% Over December 1998 To 3.4 Million Unique Visitors in December 1999 Advertiser Base Swells to Over 325 SAN FRANCISCO, Jan 27, 2000 /PRNewswire via COMTEX/ -- Salon.com(R) (Nasdaq: SALN), one of the Internet's leading media companies, producing a network of 11 original content sites and two online communities, reported record sales and a significant increase in unique users during the third quarter of fiscal 2000, ended December 31, 1999. Revenues for the quarter were $3.0 million, up 119 percent sequentially from $1.4 million in the previous quarter, ended September 30, 1999 and up 193 percent from $1.0 million in the same quarter a year ago. Reflecting strong holiday demand from marketing partners and ecommerce retailers during the recently completed quarter, Salon.com secured over 150 advertising partners and sponsors, including 25 specific "Etailers" in its Holiday Buying Guide. ($K) Q3FY00 Q2FY00 Q3FY99 % Increase % Increase Q3FY00- Q2FY00 Q3FY00 - Q3FY99 Revenue $3,016 $1,378 $1,030 119% 193% Unique users for December 1999 were 3.4 million, an increase of 79 percent from 1.9 million users in September 1999, and up 423 percent from 650,000 users in December 1998, resulting from Salon.com's proprietary quality content, national television advertising and marketing programs to drive traffic.