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DAG Media 3rd Quarter Loss 3 Cents/Share
DAG Media Inc. (NasdaqSC:DAGM - News) - New York
3rd Quar Sept. 30:
|
|
2002 |
2001 |
|
Revenue |
$1,849,750 |
$1,464,425 |
|
Net income |
(87,296) |
123,624 |
|
Avg shrs (basic) |
2,927,460 |
2,907,460 |
|
Shr earns (basic) |
|
|
|
Net income |
(.03) |
.04 |
Figures in parentheses are losses.
DAG Media Inc. attributed its third-quarter loss to the consolidation of Blackbook, which was acquired from Brandera.com (USA) Inc. in August 2002. Blackbook publishes photography and illustration directories.
DAG Media attributed its revenue growth to sales of its Jewish Israeli Yellow Pages.
Total operating costs and expenses widened to $1.8 million from $1.1 million a year ago.
Company Web site: http://www.newyellow.com/
-Eamon Beltran; Dow Jones Newswires; 201-938-5400