News this week: Indian specialty publisher, CyberMedia, has announced results for the quarter
ended 30th June 2014. Revenues in the quarter were US$2.1 million, a
year-on-year decrease of 20%. In the same period, the company recorded a net
loss of US$90,000, compared with a net profit of US$129,000 in the same quarter
last year. Dilute earnings per share in the period were US$0.027.
CyberMedia’s media
services business (comprising IT & telecom research and a content marketing
agency) generated US$1.4 million or 64% of total revenues in the quarter – a
decrease of 5.6% compared with the same period in 2013. The remaining revenues
were generated by Cybermedia’s media business segment (i.e. its publishing
business), amounting to US$766,000 – down 37% compared with the previous year.
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