United Online Q1-2005 results
Motley Uncut
United Online (NASDAQ: UNTD) announced its Q1 results on May 3rd 2005. It said that its quarterly profit fell, but revenues rose 21 percent from non-access business such as online advertising. I'm putting together a few stats on this quarters earning -
- We posed a first-quarter profit of $11.5 million or 18 cents a share, compared with $12.4 million a year earlier.
- Revenues rose 21% to a $130.5 million, thereby beating the Wall Street expectations of a profit of 18 cents a share and revenue of $127.9 million.
- In this quarter, we added 214,000 subscribers, ending up at 6.2 million
- The Board has decided to pay a 20-cent quarterly dividend, to return capital to shareholders, reflecting the confidence in UNTD's strong cash flows.
- UNTD rose 75 cents to $9.6 late Tuesday
- And on midday Wednesday, shares rose 25% to $11.16
- The company has now forecasted an operating income of $31.5 million to $32.5 million for the June quarter
So, overall, I feel we've done considerably well in the first place to have exceeded Wall Street expectations, though the quarter results have been a mix. Over the past year, our paying accounts have risen from 3.1 million to around 5 million, building our cash coffers upto $203 million. Our acquisitions of Classmates and Photosite should continue to keep us popular. Hoping for the best, in the quarters to come!
Labels: United Online
1 Comments:
It did rise. I touched around 11.7..What more do you expect ?
Once the dividends are paid out, its gonna start falling dude! So better sell some, atleast I did.
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