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.
View full post on Online Personals Watch: News on the Dating Industry and Business