PR NEWSWIRE - Nov 14 - Revenue for the Q3 '11 was $82.7M. Revenue was impacted by a decrease in traffic and a decline in new subscribers and renewal orders primarily in European markets. Social networking revenue was offset by an increase in live interactive video. "While we achieved certain business objectives, we are not satisfied with our overall performance in the third quarter. Europe remains a challenge where we have experienced lower user conversion rates and transaction acceptance rates", commented CEO Marc Bell.
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