Earnings: Salon’s Revs Increasing Slightly
By Rafat Ali - Sun 13 Nov 2005 04:13 PM PST
Salon Media Group‘s Q3 revenues increased slightly, and losses shrunk. It had revenues of $1.7 million, an increase of 32% from $1.3 million a year ago, (and from $1.6 million in Q2 05 quarter) with advertising revenues increasing 64% to $0.9 million from $0.5 million a year ago (and remaining flat from Q2 05). The site expects profitability in Q4..
This month, the site will be launching a video blog called VideoDog.
Related: Q2 Earnings: Salon.com’s Revenues Decrease; Losses Shrink
Posted in: Companies, SALNC, Money, Earnings
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