News this week: Indian specialty publisher, CyberMedia,
has announced its results for the quarter ended 30th September 2012.
Revenues were up 8.3% year-on-year to US$3.8 million. The company posted a net
profit of US$118,000, an impressive jump from last year’s US$25,000.
CyberMedia’s media business generated US$2.5 million or 64%
of total revenues, up 12% from the same quarter in 2011. The media services
business generated revenues of US$1.4 million, flat against the same period
last year.
For the six months ended 30th September, revenues
were US$7.4 million, an increase of 6.6% over the same period last year.
CyberMedia posted a profit of US$201,000, compared with US$60,000 in the first
half of 2011. Dilute earnings per share in the period were Rs. 1.01 (US$0.019).
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