Sentences with phrase «sequentially decreasing revenues»
Second quarter results had pointed to continuing losses, with sequentially decreasing revenues and increased advertising and sales expenses related to the lauch of Ragnarok II.
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«We are disappointed with second half trends and in particular the fourth quarter, as revenue and subscribers decreased sequentially in each online segment», said Adam Berger, Chairman and CEO of Spark Networks.
We achieved moderate annual revenue increases in Jewish Networks and Other Affinity Networks, improved Contribution margins to 74 %, cut Operating Expenses by 19 %, drove annual Adjusted EBITDA to record levels at a 28 % margin and returned capital to stockholders by using cash flow to repurchase 21 % of the shares outstanding at the start of 2008... we are disappointed with second half trends and in particular the fourth quarter, as revenue and subscribers decreased sequentially in each online segment.