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WWE reports first quarter online revenue increased by 16 to 8 1 million: related news

WWE reports first quarter online revenue increased by 16% to $8.1 million

World Wrestling Entertainment Inc.’s e-commerce businesses recorded $8.1 million in sales for the first quarter of 2008, up by 16% year-over-year from $7 million. Merchandise sales at WWEShop.com, however, were down 10% from $4 million in Q1 2007 to $3.6 million in the first quarter ended March 31, 2008.

Napster Q4 net loss narrows; Revenues Grow - update

(RTTNews) - Online music retailer Napster, Inc. (NAPS) on Wednesday reported a narrower loss for the fourth quarter, helped by an increase in revenue and subscribers and lower expenses. The company also provided revenue outlook for the first quarter that is below current Street estimates. The company posted a net loss of $4.3 million or $0.10 per share, compared to a net loss of $8.5 million or $0.20 per share in the prior year quarter. On average, ten analysts polled by First Call/Thomson Financial expected a loss of $0.13 per share for the fourth quarter. Net revenue for the fourth quarter increased 6% to $30.8 million from $29.1 million in the same quarter last year. Ten analysts had a consensus revenue estimate of $30.70 million for the fourth quarter.

Novell's Linux business Posting Big Numbers

Novell, Inc. today announced financial results for its second fiscal quarter ended April 30, 2008. For the quarter, Novell reported net revenue of $236 million. This compares to net revenue of $232 million for the second fiscal quarter 2007. Income from operations for the second fiscal quarter 2008 was $2 million, compared to a loss from operations of $12 million for the second fiscal quarter 2007. Income from continuing operations in the second fiscal quarter 2008 was $6 million, or $0.02 per share. This compares to a loss from continuing operations of $1 million, or $0.00 loss per share, for the second fiscal quarter 2007. Foreign currency exchange rates favorably impacted revenue by $8 million, unfavorably impacted operating expenses by $9 million and negatively impacted income from operations by $1 million yearover- year.

Select Comfort web sales toss and turn in the first quarter

In the first quarter, web sales dropped by 19.1% to $12.3 million from $15.2 million in the first quarter of 2007. Select Comfort, No. 175 in the Internet Retailer Top 500 Guide, also posted a net loss of $7.1 million on sales of $168.2 million, compared with net income of $10.7 million on revenue of $216.5 million in the first quarter of 2007. Comparable store sales dropped year-over-year by 25%. The web accounted for about 7% of total sales in the first quarter.

Books-A-Million web sales rise 3% for the first quarter

Books-A-Million Inc. reported web revenue increased 3% to $6.3 million in the first quarter ended May 3, 2008, from $6.1 million in the same quarter in 2007. Comparable store sales decreased $3.6 million, or 3.4% in the same period to $102 million, vs. the first quarter of 2007.

First quarter web sales drop by 7% at Brown Shoe

In Q1 web sales for Brown Shoe decreased by 6.8% to about $16.4 million from $17.6 million in the first quarter of 2007. Retail sales also declined for Famous Footwear and Brown Shoe’s specialty retail unit, which includes Naturalizer stores and e-commerce. In the first quarter sales for Famous Footwear declined by 1.9% to $318.8 million from $325.3 million in the prior year. Operating earnings decreased by 63.8% to $7.6 million from $21 million in the prior year.

Blue Nile 1st Quarter Net Slips To $2.57M, Stolzman Joins As CEO

first-quarter net income fell to $2.57 million, or 16 cents a share, from $3.16 million, or 19 cents a share, a year earlier. The Seattle online jewelry retailer said net sales rose 3.8% to $70.5 million from $67.9 million. On average, analysts polled by Thomson Reuters expected earnings of 14 cents a share on revenue of $68.5 million. Analysts estimates generally exclude one-time items. Separately, Blue Nile said Marc Stolzman, of Imperium Renewables, has joined the company as chief financial officer, effective June 9. For the second quarter, Blue Nile expects earnings of 15 cents to 18 cents a share on sales growth of flat to 5%. For 2008, Blue Nile reiterated its guidance for earnings growth equal to that of 2007, growth of adjusted earnings before interest, taxes, depreciation and amortization of at least 10%, and sales growth of at l

CORRECT: Blue Nile 1st Quarter Net Slips; Stolzman Named CFO

first-quarter net income fell to $2.57 million, or 16 cents a share, from $3.16 million, or 19 cents a share, a year earlier. The Seattle online jewelry retailer said net sales rose 3.8% to $70.5 million from $67.9 million. On average, analysts polled by Thomson Reuters expected earnings of 14 cents a share on revenue of $68.5 million. Analysts estimates generally exclude one-time items. Separately, Blue Nile said Marc Stolzman, of Imperium Renewables, has joined the company as chief financial officer, effective June 9. For the second quarter, Blue Nile expects earnings of 15 cents to 18 cents a share on sales growth of flat to 5%. For 2008, Blue Nile reiterated its guidance for earnings growth equal to that of 2007, growth of adjusted earnings before interest, taxes, depreciation and amortization of at least 10%, and sales growth of at l

Q1 e-commerce revenue for Playboy Enterprises was down 3%

Playboy Enterprises Inc. reported first quarter web sales of $15.2 million, down 3% from $15.7 million in Q1 2007. The company recorded a net loss for the first quarter ended March 31, 2008, of $3.1 million vs. $1.5 million in income the prior year. Overall revenue was $78.5 million in Q1 2008 compared with $85.4 million in the previous year`s quarter.

Napster whistles a happier financial tune in fiscal 2008

Napster, No. 113 in the Internet Retailer Top 500 Guide, generated a net loss of $16.5 million on revenue of $127.5 million, compared with a net loss of $36.8 million on revenue of $111 million in fiscal 2007. In the fourth quarter, the company had a net loss of $4.3 million on revenue of $30.7 million vs. a net loss of $8.5 million on sales of $29.1 million in Q4 of 2007.

Online jewelry retailer Bidz.com's first quarter web sales climb 38.5%

Online jewelry auctioneer Bidz.com Inc. reported net sales of $61.9 million for the first quarter of 2008, a 38.5% increase compared with $44.7 million reported in the first quarter of 2007. The increase, which exceeded company guidance, was attributed to the continued demand for the company’s jewelry products, higher customer traffic, better participation in its auction and bigger average orders.

J. Crew web sales grow 31% in the first quarter

In Q1, J. Crew posted web sales of $86.8 million, an increase of 31.9% from web sales of $65.8 million in the first quarter of 2007. In comparison total revenue grew by 14.6% to $340.6 million in the first quarter from $297.3 million in the prior year. Comparable store sales rose year-over-year by 8%.

Rogers reports 1Q profit hike; announces iPhone coup

Rogers Communications has announced that its first quarter net profit more than doubled year-on-year from CAD170 million (USD168 million) to CAD344 million, on revenues that rose 14% to CAD2.61 billion. GSM mobile turnover in the three months ended 31 March 2008 climbed 16% year-on-year to CAD1.43 billion, with operating income up 21% to CAD705 million, and mobile data service revenues up 47%. Rogers added 68,000 net new mobile subscribers in the quarter (broken down into 97,000 new contract users and a 29,000 reduction in pre-paid customers) to take its total to 7.406 million (81% post-paid), whilst it gained 41,000 cable modem broadband internet users in the period for a total of 1.51 million.

Auction Industry Reports Slower Growth in First Quarter of 2008

A recent NAA survey found that 33% of US auctioneers reported an increase in gross sales receipts during the first quarter of 2008, down from a 34% increase reported in the first quarter of 2007. Overall, there was a net increase in gross sales revenue for live auctions of 3.25% compared to the same quarter last year. The National Auctioneers Association (NAA) surveys its members each quarter and releases the results.

51job careers into lead of China's online recruitment market in Q1

Shanghai. May 29. INTERFAX-CHINA - Nasdaq listed 51job.com continued to lead China's online recruitment market in the first quarter of 2008, with a market share of 28.8 percent by revenue, according to an iReseach report released today. ChinaHR.com and Zhaopin.com followed, with market shares of 24.4 percent and 16.1 percent respectively. The total revenue of China's online recruitment sector amounted RMB 272 million ($39.2 million) in the January to March period, up 23.1 percent year-on-year, iResearch said. 51job.com was the only listed company among the top three. Zhaopin.com plans to list in the next few years, Zhou Wei, Zhaopin.com's chief financial officer, told 21st Century Business Herald on Monday. According to Zhou, the company will receive its fifth round of venture capital totaling $100 million in the next few weeks, though he

Google tops Web audience rankings

Nielsen Online has reported May 2008 data for the Top Sites by Parent Company and Top Brands. Google tops the list with 127 million unique visitors. Microsoft is close behind with 123 million, while Yahoo! comes in third at 115 million. Time Warner pulled 107 million visitors, News Corp. Online 79 million, eBay 66 million and InterActiveCorp 64 million. Wikimedia Foundation, Amazon and New York Times round out the list with between 50 and 60 million unique visitors. The data indicate that, for example, that 51.1 million home and work Internet users visited at least one of the New York Times Company-owned sites or launched a New York Times Company-owned application during the month, and each person spent, on average, a total of 17 minutes and 27 seconds at one or more of their sites or applications.

Circuit City Stores, Inc. Reports First Quarter Results

today reported results for the first quarter ended May 31, 2008. "In the first quarter, we continued to see improvement in many of our operating performance measures," said Philip J. Schoonover, chairman, president and chief executive officer of Circuit City Stores, Inc. "We are rebuilding our selling culture and focusing on creating a good first and last impression with the customer. We have seen improved trends in our store close rate and in our services and accessories attachments, and we are delivering a better customer experience in our stores as evidenced by the upward trends in our third-party mystery shop scores. In short, the quarter represented improved execution and solid, steady progress towards our goals, and we expect to start to see year-over-year improvements in our financial results beginning in the second half of the yea

Health Net Swings To 1st Quarter Loss OF $35.7M On Legal, Operations Chgs

swung to a first-quarter net loss of $35.7 million, or 33 cents a share, from a profit of $88.6 million, or 77 cents a share, a year earlier. Excluding legal and operation strategy-related charges of $53.8 million, Health Net posted non-GAAP income of 16 cents. The Woodland Hills, Calif., managed health care provider said revenue rose to $3.84 billion from $3.43 billion. On average, analysts polled by Thomson Reuters expected per-share earnings of 62 cents on revenue of $3.85 billion. Health Net expects second-quarter earnings of 48 cents to 61 cents a share or 77 cents to 79 cents a non-GAAP share excluding strategy-related charges. Health Net lowered its projections for 2008 earnings to $2.47 to $2.65 a share or $3.45 to $3.55 a share on a non-GAAP basis, from previous expectations of $4.

China Finance Online Reports Unaudited First Quarter 2008 Results and Elysium Internet Closes Biggest Domain Acquisition in Its History

City of Industry, CA --(www.USEquityNews.com)-- 05/30/2008 - Internet Information Provider industry alert provided by U.S. Equity News. China Finance Online Co. Limited (NASDAQ: JRJC), a leading Chinese online financial information and listed company data provider, recently announced its financial results for the first quarter ended March 31, 2008. Explanation of the Company's non-GAAP financial measures and the related reconciliations to GAAP financial measures are included in the accompanying "Reconciliation to Unaudited Condensed Consolidated Statements of Operations", "Non-GAAP Measures" and "Reconciliations from operating profit to EBITDA and adjusted EBITDA".

Priceline.com Reports Financial Results For 1st Quarter 2008

Gross travel bookings increase 76% year over year; International gross travel bookings grow 100%, Domestic gross travel bookings grow 51% NORWALK, Conn.--(Business Wire)-- Priceline.com Incorporated(R) (Nasdaq: PCLN) today reported its financial results for the 1st quarter 2008. Gross travel bookings for the 1st quarter, which refers to the total dollar value, inclusive of all taxes and fees, of all travel services purchased by consumers, rose 76% year-over-year to $1.76 billion. Priceline.com had GAAP revenues in the 1st quarter of $403.2 million, a 33.8% increase over a year ago. The Company's international operations contributed revenues in the 1st quarter of $104.2 million, a 117.5% increase versus a year ago. Priceline.com's GAAP gross profit for the 1st quarter was $181.

Joytoto USA, Inc. Announces Its First Downloadable Online Game for US Distribution

SANTA CLARA, Calif., June 4 /PRNewswire-FirstCall/ -- Joytoto USA, Inc. (OTC Bulletin Board: JYTO.OB), has announced that it will release its first downloadable online game in the United States, "Pang Pang Terrible", through its US web distribution portal http://www.playolive.com, sometime during the third quarter of 2008. Joytoto USA's CEO, Michael Cho, says "We are very excited about our first downloadable online game release, as it demonstrates our commitment to the US online gaming market and the growing demand of the US consumer. The company continues to commit a substantial amount of time and resources to the US online gaming market".

Web sales increase 4% in Q1 2009 at American Greetings

AG Interactive, the e-commerce business unit of American Greetings Corp., reported sales of $20.6 million for the first quarter of fiscal 2009, up by 4% compared with $19.9 million in the same quarter of 2008. Total revenue for the quarter was $428.3 million, an increase of 2% vs. $420 million in the prior year quarter.

Mercator Reports First Quarter Results and Provides Construction Update

KINGMAN, AZ, May 14 /CNW/ - Mercator Minerals Ltd. today announced operating income for the quarter was $3,600,255 or $0.05 per share, compared with $3,724,728 or $0.05 per share for the corresponding period in 2007. Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the quarter were $3.32 million compared to $2.33 million for the corresponding quarter in 2007.

Mercator Reports First Quarter Results and Provides Construction Update

KINGMAN, AZ, May 14 /CNW/ - Mercator Minerals Ltd. today announced operating income for the quarter was $3,600,255 or $0.05 per share, compared with $3,724,728 or $0.05 per share for the corresponding period in 2007. Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the quarter were $3.32 million compared to $2.33 million for the corresponding quarter in 2007.


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