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comScore reports a 4.1% revenue increase, but plans to cut 50 jobs

ComScore Inc. reported revenue of $31.9 million in the third quarter, up 4.1% from a year ago, and net income of $995,000, compared to $575,000 a year ago. Despite the gains, the company announced plans to cut its workforce by 8%.

Posted 10/30/2009Zak StamborPost a comment

ComScore Inc. reported revenue of $31.9 million in the third quarter, up 4.1% from a year ago, and net income of $995,000, compared to $575,000 a year ago. Despite the gains, the company announced plans to cut its workforce by 8%.

/ E-Retailers

Blockbuster annual e-commerce revenue grows by 112%

A big investment in Total Access helped Blockbuster post solid top-line e-commerce revenue in 2007. Web-based subscription revenue surpassed $500 million for the year and grew by 91% in the fourth quarter.

Posted 03/07/2008Don DavisPost a comment

A big investment in Total Access helped Blockbuster post solid top-line e-commerce revenue in 2007. Web-based subscription revenue surpassed $500 million for the year and grew by 91% in the fourth quarter.

/ E-Retailers

Netflix revises 2008 guidance slightly upward

Netflix has issued a revised guidance stating that first-quarter revenue for 2008 will be in the range of $324 million to $328 million, up from $323 million to $328 million. Full-year sales now are projected to range from $1.34 billion to $1.38 billion.

Posted 03/05/2008Bill BriggsPost a comment

Netflix has issued a revised guidance stating that first-quarter revenue for 2008 will be in the range of $324 million to $328 million, up from $323 million to $328 million. Full-year sales now are projected to range from $1.34 billion to $1.38 billion.

/ Technology

Finish Line and Genesco call off their acrimonious merger

After a rocky back-and-forth transaction, Genesco and The Finish Line have halted their merger. By mutual agreement, Finish Line and UBS will pay Genesco $175 million and Finish Line will issue Genesco just over 6.5 million shares of common stock.

Posted 03/05/2008Bill BriggsPost a comment

After a rocky back-and-forth transaction, Genesco and The Finish Line have halted their merger. By mutual agreement, Finish Line and UBS will pay Genesco $175 million and Finish Line will issue Genesco just over 6.5 million shares of common stock.

/ Technology

iMergent makes money as it fights legal battles

The vendor of e-commerce software and training services through seminars recently agreed to pay $2.8 million to settle a lawsuit and is fighting a legal battle to continue operating in California. But its revenue was up 57% in its most recent quarter.

Posted 10/12/2007Don DavisPost a comment

The vendor of e-commerce software and training services through seminars recently agreed to pay $2.8 million to settle a lawsuit and is fighting a legal battle to continue operating in California. But its revenue was up 57% in its most recent quarter.

/ Technology

The Finish Line says Genesco is in breach of merger agreement

The Finish Line Inc. says Genesco Inc. has yet to supply the necessary financial records it requires to close their merger. The retailer also wants more access to Genesco’s senior financial staff.

Posted 09/24/2007Don DavisPost a comment

The Finish Line Inc. says Genesco Inc. has yet to supply the necessary financial records it requires to close their merger. The retailer also wants more access to Genesco’s senior financial staff.

/ Technology

Genesco heads to court to close its merger with The Finish Line

After several back and forth episodes over finances and follow-up accounting, Genesco Inc. is suing The Finish Line Inc. to complete their merger. The Finish Line and financial backer UBS haven’t responded to the suit and no court date has been set.

Posted 09/21/2007Don DavisPost a comment

After several back and forth episodes over finances and follow-up accounting, Genesco Inc. is suing The Finish Line Inc. to complete their merger. The Finish Line and financial backer UBS haven’t responded to the suit and no court date has been set.

Overstock.com reports $157.9 million in Q1 sales, down 11% from 2006

Overstock.com reports total revenue for the first quarter of 2007 of $157.9 million, down 11% from $178 million reported in 2006. Profit was up 7%, however, to $25.3 million.

Posted 04/25/2007Mark BrohanPost a comment

Overstock.com reports total revenue for the first quarter of 2007 of $157.9 million, down 11% from $178 million reported in 2006. Profit was up 7%, however, to $25.3 million.

/ E-Retailers

AG Interactive reports minimal Q2 sales growth

AG Interactive reported e-commerce revenue of $20.4 million, an increase of just 4.4% from $19.6 million in Q1 of FY 2006. On another front, the business unit acquired another yet-to-be-identified greeting cards site for $21.7 million.

Posted 10/11/2006Mark BrohanPost a comment

AG Interactive reported e-commerce revenue of $20.4 million, an increase of just 4.4% from $19.6 million in Q1 of FY 2006. On another front, the business unit acquired another yet-to-be-identified greeting cards site for $21.7 million.

Napster considers its options for merging or selling

In response to several third-party inquiries about acquiring all or a part of the company, Napster Inc. has retained investment banking firm UBS to help evaluate various strategic options, including a possible sale.

Posted 09/19/2006Kurt PetersPost a comment

In response to several third-party inquiries about acquiring all or a part of the company, Napster Inc. has retained investment banking firm UBS to help evaluate various strategic options, including a possible sale.

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