The Latin Revenues in the last published 4 quarters View: Annual Data | Quarterly Data All numbers in thousands Period Ending Sep 30, 2011 Jun 30, 2011 Mar 31, 2011 Dec 31, 2010 Total Revenue 1,469 1,842 2,244 1,854
There's no sugarcoating Quepasa's (AMEX: QPSA ) disastrous third quarter.
Revenue at the Spanish-language social networking site plunged 46% to a mere $1.5 million. The drop occurred primarily due to a 32% plunge in monthly active users of its namesake website, as well as delays in executing marketing deals like the sweetheart deals it had in place last year with sponsors affiliated with a Quepasa board member. The quarterly deficit widened to $3.5 million.