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Jupitermedia Reports Earnings Are Down

Jupitermedia Corporation has released its earnings report for the third quarter of 2008.Revenues for the third quarter of 2008 were $31 million down from revenues of $34.8 million for the same period last year. The company says its loss per diluted share was $0.63 and included non-cash stock based compensation expense, legal fees related to the recent signed stock purchase agreement with Getty Images.

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