Friday, August 10, 2012

CyberMedia revenue up, profit down

News this week: Indian specialty publisher, CyberMedia, announced results for the quarter ended 30th June 2012. CyberMedia’s revenues in the quarter were US$3.4 million, a slight increase of 4.7% over the same quarter last year. In the same period, the company recorded a net profit of US$79,000, compared to a profit of US$570,000 last year. Dilute earnings per share in the period were Rs. 0.42 (US$0.0076).

CyberMedia’s media business generated US$2.1 million or 60% of total revenues in the quarter – an increase of 3.3% over the same period last year. The company’s media services business revenues were up by 4.1% year-on-year reaching US$1.4 million in the quarter.

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