Jupitermedia Corporation Reports Results For Its First Quarter
Ended March 31, 2004
(New York, NY - April 29, 2004) - -- Jupitermedia Corporation
(Nasdaq: JUPM) today reported results for the quarter ended March
31, 2004. Revenues for the first quarter of 2004 were $14.4 million
compared to revenues of $8.2 million for the same period last year,
an increase of 74%. Net income for the first quarter was $1.6
million, or $0.06 per diluted share, compared to a net loss of $1.3
million, or $0.05 per diluted share, for the same period last year.
Laptop Battery
"We are pleased with our results for this quarter, with
significant year over year growth in revenues and improvement in
net income," stated Jupitermedia's Chairman and CEO Alan M.
Meckler. "Our acquisition of the assets of Comstock Images on April
1, 2004 further expands our growing JupiterImages business which
sells commercial stock images by single download or online
subscription. This acquisition adds over 500,000 wholly owned
images to our library. We anticipate significant marketing and
business synergies between Comstock Images and our JupiterImages
division as well as our other Jupitermedia divisions. We expect
that this acquisition will immediately be accretive to our earnings
and cash flows," added Meckler.
Stamps.com Reports First Quarter 2001 Financial Results Company reports 158% growth in revenue over first quarter 2000, with 39% gross margin and narrowed losses SANTA MONICA, Calif. April 17, Stamps.com™ ( STMP) today announced that revenue in the first quarter of 2001 was $5.3 million, an increase of 158% over the first quarter of 2000.
Thinkpad Registration Statement for Follow-on Public Offering of Common
Stock
In March 2004, Jupitermedia announced that it had filed a
registration statement with the Securities and Exchange Commission
relating to a proposed follow-on public offering of common stock.
Of the 4,200,000 shares to be sold in the offering, 3,200,000
shares will be sold by Jupitermedia and 1,000,000 shares will be
sold by certain stockholders of Jupitermedia. The underwriters will
be granted an option for a period of 30 days to purchase up to
630,000 additional shares of common stock from Jupitermedia to
cover over-allotments, if any. The registration statement has not
yet been declared effective. These securities may not be sold nor
may offers to buy be accepted prior to the time the registration
statement becomes effective.
Stamps.com Reports Third Quarter 2003 Financial Results Revenue Up 32% Year over Year; Customer Acquisition Momentum Builds SANTA MONICA, October 29, Stamps.com™ ( STMP) today announced financial results for the third fiscal quarter ended September 30, 2003. Third quarter revenue was up 32% versus the same quarter last year, and up 7% versus the second fiscal quarter of 2003. In addition, the company reported an increase in customer acquisition during the third quarter, particularly with higher value Power Plan customers.
Microsoft Due to the proposed follow-on offering of its common stock,
Jupitermedia will not hold a conference call to discuss its first
quarter 2004 financial results.
- Franchising revenues increased 5% and total revenues increased 6% for first quarter 2007 compared to the same period of the prior year.
Laptop Computers Acquisitions
Stamps.com Reports Second Quarter 2000 Financial Results Second Quarter Revenue Grows 80 Percent SANTA MONICA, Calif. July 13, Stamps.com today announced that second quarter revenue was $3.7 million, an increase of 80 percent over first quarter revenue. cash charges was $34.4 million, or $0.72 per share based on the weighted average common shares outstanding of 48.0 million. term investments ended the second quarter at $333.6 million, or $7 per share.
Laptop Computer * In March, Jupitermedia announced the acquisition of the Inside
ID Conference & Expo, an industry-leading event focused on the
rapidly evolving areas of identity management and identification
technologies, and the related Inside ID Web site
(www.insideid.com). Noted industry expert Benjamin Miller, who
founded the Inside ID event and Web site, will continue as
conference chair. Terms of the acquisition were not
disclosed.
* In April, Jupitermedia announced that it acquired substantially
all of the assets of Comstock Images (www.comstock.com) for $20.85
million in cash and the assumption of certain liabilities. Comstock
Images is based in Mountainside, NJ with operations in Toronto,
Canada and Steinsel, Luxembourg. Comstock Images has been in the
stock imagery business since 1976 and possesses an extensive
archive of wholly owned commercial stock images. Jupitermedia also
announced that it has obtained a
credit facilities with HSBC Bank
USA that provide for borrowings of up to $23 million to help
finance this and other potential acquisitions. A total of $13
million has been borrowed to help finance the acquisition of
Comstock Images.
For the first quarter of 2003, the company expects revenue to be flat versus the fourth quarter 2002 level. First quarter gross margin is expected to be in the mid 60% range, and first quarter total operating expenses are expected to increase approximately $1 million from the fourth quarter 2002 level. On a per share basis, first quarter 2003 GAAP net income is expected to be a loss of approximately five cents per share. For the full year 2003, the company expects total revenue to be approximately $20 million, a 22% increase over 2002 revenue.
Desktop Computer New Online Media and Online Image Offerings
Jupitermedia continued to expand and strengthen its proprietary
content offerings with the addition of the following:
Notebooks * In February, Jupitermedia announced the launch of the
ClickZ.com Network (www.clickz.com), which provides original news,
information, analysis and opinion about interactive marketing. The
ClickZ.com Network consolidates eight existing Jupitermedia
interactive marketing Web sites and associated e-mail newsletters
under the ClickZ.com Network brand. The ClickZ.com Network will
continue publishing expert opinion columns by interactive marketing
leaders, while adding sections focused on breaking news; search
engine marketing; research and statistics; feature stories and case
studies; and an interactive marketing resources section.
* In February, Jupitermedia announced the launch of ITSMWatch.com
(www.itsmwatch.com), an internally developed Web site focused on IT
Service Management which is now part of the company's EarthWeb.com
Network. ITSMWatch.com analyzes the latest developments in the
emerging field of Information Technology Service Management
("ITSM"). ITSMWatch.com was designed to help IT executives and
managers make decisions, collaborate with their peers and draw upon
the experiences of others to continue to meet their objectives of
providing world class products and services in the most efficient
and effective manner. The site provides daily news, articles, case
studies and white papers from practitioners and vendors, ITSM
resources and technologies, and a free e-mail newsletter.
Lenovo New Research Services
Hard Drive Jupitermedia continued to expand and strengthen its proprietary
research offerings with the addition of the following:
Travelstar * In March, JupiterResearch launched its Digital Rights
Management ("DRM") research service to help media companies
evaluate content distribution models and technology platforms to
manage and monetize their assets in a controlled manner. The
Digital Rights Management research service also helps consumer
device vendors to prioritize feature development, and helps
software vendors identify the enterprise applications and vertical
markets that present the greatest opportunities for digital rights
management technology. Using consumer surveys, forecast models and
high-level executive interviews, the DRM research service provides
strategic guidance to all companies with an interest in digital
media consumption and usage constraints.
Gateway Conferences and Trade Shows
Laptop Parts JupiterEvents, a division of Jupitermedia, produces paid
conferences and trade shows on IT and business-specific topics
worldwide that are aligned with the content on our Web sites and
our research offerings. JupiterEvents held five paid conferences
and trade shows in the first quarter, each focusing on a different
issue pertaining to information technology and the Internet
industry. Events included: IT Service Management Forum Government
Conference & Expo; Jupiter Content Management Conference &
Expo; Search Engine Strategies Conference & Expo 2004; Instant
Messaging Planet Conference & Expo Spring 2004 and Wi-Fi Planet
Conference & Expo Canada 2004.
Software JupiterEvents has announced the following conferences and trade
shows for the remainder of 2004:
Hard Drives * Digital Rights Management Strategies Conference & Expo
(April 12-14, New York, NY)
* ISPCON Conference & Expo Spring 2004 (April 14-16,
Washington, DC)
* Wi-Fi Planet Conference & Expo Japan 2004 (April 20-21,
Tokyo, Japan)
* Search Engine Strategies Conference & Expo 2004 (April
20-21, Tokyo, Japan)
* Search Engine Strategies Conference & Expo 2004 (May 11-12,
Toronto, Canada)
* Search Engine Strategies Conference & Expo 2004 (June 2-3,
London, U.K.)
* Wi-Fi Planet Conference & Expo Spring 2004 (June 8-10,
Baltimore, MD)
* Internet Planet Conference & Expo Spring 2004 (June 15-16,
New York, NY)
* Jupiter Plug.IN Conference & Expo (July 26-27, New York,
NY)
* Jupiter/ClickZ Advertising Forum Conference &
Expo (July 28-29, New York, NY)
* Search Engine Strategies Conference & Expo 2004 (August 2-5,
San Jose, CA)
* IT Service Management Forum Conference & Expo (September.
27-Oct. 2, Long Beach, CA)
* Digital Rights Management Strategies (October 25 - 27, Los
Angeles, CA)
* Search Engine Strategies Conference & Expo 2004 (October 27
28, Stockholm)
* ISPCON Fall (November 2 - 5, Santa Clara, CA)
* Inside ID Conference & Expo (November 15 - 17, Washington,
D.C.)
* Internet Planet Conference & Expo Fall 2004 (November 17-18,
San Jose, CA)
* Wi-Fi Planet Conference & Expo Fall 2004 (November 30 -
December 2, San Jose, CA)
* Search Engine Strategies Conference & Expo 2004 (December 13
- 16, Chicago, IL)
Electronics Venture Fund Investments
Canon Jupitermedia is the portfolio manager of internet.com Venture
Fund I LLC (April '99), internet.com Venture Fund II LLC (November
'99) and internet.com Venture Partners III LLC (June '00).
internet.com Venture Funds I and II and internet.com Venture
Partners III were formed to invest in early-stage online content
providers serving targeted
business-to-business markets that follow the
strategy of, but are not competitive with, Jupitermedia.
Jupitermedia is an investor in all three funds. internet.com
Venture Fund II LLC and internet.com Venture Partners III LLC are
in the process of liquidating and distributing their assets to
investors and are expected to be dissolved during the second half
of 2004. Jupitermedia no longer has any outstanding capital
commitments related to any of its venture funds.
Desktop Pc Metrics
Desktop Computers * March 2004 page views were over 320 million
* Over 5.9 million e-mail newsletter subscribers as of March 31,
2004
* Over 6.5 million total opt-in e-mail rental list subscribers as
of March 31, 2004
* Over 830,000 unique opt-in e-mail rental list subscribers as of
March 31, 2004
* March 2004 unique users were over 19 million
* 272 employees as of March 31, 2004
Think Pad All current Jupiter Research press releases can be found online
at www.jupitermedia.com/corporate/press.html.
Repair All current Jupitermedia Corporation press releases can be found
on the World Wide Web at
http://www.internet.com/corporate/press.html.
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