|
|
InfoSearch Media Generates Significant Growth
By WebProNews
Staff Writer
Article Date: 2005-02-11
Leading online marketing firm InfoSearch Media announced today that it continues to generate strong revenue growth as a result of growing adoption of its content-based internet marketing solutions.
The company, which generates proprietary content to generate cost-effective Internet traffic for approximately 4,300 clients, fueling revenue growth of over 600% for the first nine months of 2004 versus the same period in the previous year. The company has generated nine consecutive quarters of double-digit sequential revenue growth.
The company generated revenue of approximately $2.3 million for the 2004 nine-month period, versus $321,760 for the 2003 comparable period. In addition, InfoSearch Media reported $6.8 million in deferred revenue, which represents pre-paid commitments to purchase advertising, an increase of over 270% versus deferred revenue of $1.8 in 2003. The company had 3,566 clients at the end of the 2004 third quarter, versus 943 at the end of the same period in 2003.
"As a result of the increase in demand for pay-for-performance internet advertising solutions, we continue to see strong growth in our business" said InfoSearch Media CEO Steve Lazuka. "At a time when competition is increasing in the internet services sector, our ability to provide unique value-added content differentiates InfoSearch Media from other providers of marketing services."
About the Author:
WebProNews | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.
|
|
