Financial results

Sanoma’s online revenue continues to grow in Q2

The online and mobile revenue of Sanoma’s Consumer Business segment (including the classified businesses in Finland and the Netherlands, with the online auction platform Huuto and marketplace Oikotie) continued to grow in Q2 FY2014 from the same period last year. The net sales of the online and mobile businesses of Sanoma in Finland amounted to €22.1 million or $29.7 million U.S. – 7.5...

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CoStar revenue jumps 36 percent

On its Q2 2014 earnings call, CoStar Group (NASDAQ: CSGP), owner of LoopNet and Apartments.com,  reported a year-over-year revenue gain of 36 percent, though that’s a bit apples and oranges. Comparing revenue without ad-sales dollars from newly acquired Apartments.com, the increase was 13 percent. While the progress was quite presentable, executives on the call explained that the sales...

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Recruitment strong for ‘flat’ Newsquest

Recruitment advertising was the one bright light in Newsquest’s second quarter results released today by its American owner and publisher of  USA Today, Gannett Co. The sector rose in value by 9.4 per cent, compared to Q2 of 2013, while automotive and real estate dropped by 6.1 percent and 9.1 percent respectively. Overall classified advertising was 1.9 percent down on the corresponding...

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Gannett U.S. job-ad dollars drop

Not even CareerBuilder could save U.S. ad dollars at Gannett (NYSE: GCI), which dropped 6.5 percent from the Q2 2013. While Gannett broadcasting seems to have boosted company revenue in the second quarter of 2014, the only figure in the plus column for publishing ad dollars was Newsquest recruitment advertising. Its year-over-year (YOY) gain of more than 9 percent brought an overall 1.3 percent...

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Angie’s List reports net loss, new model

The second quarter 2014 net loss for service marketplace Angie’s List (NASDAQ: ANGI) was $18,356, which represents an approximately 28 percent greater loss than this time last year. Revenue grew year-over-year by 33 percent, while transactions were up 51 percent. The 31 percent year-over-year paid membership increase, while a plus, has to be put in perspective. Angie’s List has rolled...

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Strong job market rubs off on Jobindex results

Denmark’s job market is expanding and the jobs site Jobindex is noticing it on its bottom line. That is good news to hear from an EU country. Jobindex informed the Danish stock market earlier today that the financial performance for FY2014 will be better than expected, thanks to the strength of the job ad market. The site enjoyed rising job listings, and profits are up by even more than...

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