Move Inc. reports Q2 $5 mil net loss

29 Jul 2014
Despite a year-over-year revenue growth of 7 percent for the second quarter of 2014, Move Inc. (NASDAQ: MOVE) suffered a $5,288,000 net loss.Its July direct-denial-of-service attack was blamed for almost $1 million revenue loss. Sales and marketing costs were up considerably year-over-year, presumably due to the ongoing Accuracy Ma

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.