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.
Jupitermedia President Chris Cardell Resigns
Jupitermedia Corporation has announced that its President and Chief Operating Officer, Chris Cardell, has resigned.
Jupitermedia Sells Image Business To Getty For $96 Million
Jupitermedia Corporation said today that it is selling its online images business to Getty Images for $96 million in cash. This sale will re-focus the company on the B2B content business which is arguably a step in the right direction.
Can Jupitermedia Rise Again?
Jupitermedia has great assets, a long history and is still run by the founder, Alan Meckler, who built the company from the ground up. As of this writing JUPM is at 45 cents a share, which values the company at only $16.25 million. It appears that there is no rational reason to explain this low valuation except that there are apparently very few investors interested in the stock.
Jupitermedia Reports Fourth Quarter Results
The market’s doing its best imitation of a healthy Superman this morning – up, up, and all that – but Jupitermedia has been left on the sidelines. Following the corporation’s report on its fourth quarter earnings, Jupitermedia’s stock is acting in a less than heroic fashion.
Jupitermedia CEO Talks Stock, Future Developments
Transparency’s nice – assuming that a person (or company) is indeed being transparent, and you’re not so paranoid that you can’t believe it, you get to find out many of the who-what-when-where-why details. And in that spirit, Alan Meckler, the CEO of Jupitermedia, has announced his purchase of some stock and referenced his company’s future.
Jupitermedia, Getty Deal Falls Apart
Jupitermedia has ended talks with Getty images concerning a possible merger. In a press release from February 22 the company confirmed they were in discussions with Getty Images only after speculative articles had been written in the business press about the proposed deal.
Jupitermedia Earnings Up, Stock Down
Shares dropped 70 cents before Jupitermedia announced after market-close that revenues and net income grew for the company in the third quarter.
Jupitermedia sells Search Engine Watch, SES and ClickZ Magazine
Search marketers were surprised yesterday by the announcement that three of the most influential publications in the search marketing sector had quietly been sold to new owners.
Jupitermedia Offers Bluelight Special On ClickZ, SES
ClickZ, which Jupitermedia had purchased for nearly $20 million USD, and the Search Engine Strategies trade shows, went to UK-based Incisive Media for $43 million.