InfoUSA Posts $234,000 Income for 3rd Quarter

Share this content:
Database marketing services provider infoUSA on Friday reported net income of $234,000, or 15 cents per share, for the third quarter ended Sept. 30, up from a loss of $7.2 million, or a 2 cents per share, a year ago.


Net sales for the quarter fell 10 percent to $68.5 million from just over $76 million a year ago.


"Our revenue decline of 10 percent was modest when considering the extremely weak economy and an estimated $3 million negative impact to revenue following the events of Sept. 11," said Vin Gupta,chairman/CEO of the Omaha, NE-based firm.


The company said revenue from its Large Customer Group fell slightly to $27.3 million in the third quarter, from $27.8 million in the same quarter in 2000. Its Database License Group posted revenue of $11.6 million, down from $14.7 million a year ago.


The Small Business Group posted revenue of $29.6 million, compared with $33.6 million. InfoUSA said its Internet revenue - including results from its infoUSA.com, ListBazaar.com and businessCreditUSA.com units - "increased sharply" during the quarter. It does not break out its Internet revenue separately from the revenue of its Small Business Group earnings.


InfoUSA also said it has collected nearly 1 million business e-mail addresses for customer prospecting and data enhancement. It plans to enrich the data with corresponding executive e-mail addresses.


close

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above