Ask Jeeves Q4 Revenue, Net Profit Rise

Share this content:
Ask Jeeves Inc. announced fourth-quarter revenue last week of $22.7 million, up from $15.4 million in the comparable year-ago quarter and $17.8 million in the third quarter.

Fourth-quarter net profit was $2 million. The company had a net profit of $1.3 million in the comparable year-ago quarter and a net loss of $4.4 million in the third quarter.

Revenue for the full 2002 fiscal year was $74.1 million, up from $66.6 million in 2001. The company had a net loss for 2002 of $21.3 million. Ask Jeeves lost $425.3 million in 2001, which included a $355.3 million charge for the write-off of goodwill and other intangible assets associated with prior acquisitions.

Web Properties revenue was $19 million in the fourth quarter, up from $14.7 million in the third. Web Properties includes the company's Ask Jeeves Web site and the syndication of monetized search technology to affiliate partners. The company attributed much of the gain to increased sales of its premium advertising products, strong performance of paid listings and record revenue from Ask Jeeves UK.

Revenue for Jeeves Solutions, the company's enterprise software business, totaled $3.7 million in the fourth quarter compared with $3.1 million in the third.


Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

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