MARKETWIRED - Aug 6 - Q2 Revenue was $12.3M, down 22% YOY, and down 9% from the prior quarter due to the decrease of subscribers. Direct marketing expenses were $5.3M, a decrease of 33% YOY. "By the end of the quarter we began to see real improvements in a number of our subscriber acquisition. In July, our Jewish Network subscriber numbers were up for the first time in a year and our Christian Network subscriber numbers were flat against the end of Q2," said CEO Michael Egan. Net loss was $95K.
The full article was originally published at Sys-con, but is no longer available.
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