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Geeknet, Inc. Message Board

  • vickersviscount vickersviscount Apr 30, 2003 2:43 PM Flag

    30% growth . . .speaks for itself!

    From quarterly report 2003:

    Second quarter fiscal 2003 revenue grew 30% to $6.6 million, compared to second quarter fiscal 2002 total revenue of $5.1 million. Revenue from the software and online businesses increased 41% to $6.3 million in the second quarter of fiscal 2003 from $4.5 million in the second quarter of fiscal 2002. Revenue from the exited hardware business was $0.2 million in the second quarter of fiscal 2003 and $0.6 million in the second quarter of fiscal 2002. Total revenue for the six months ended January 25, 2003 was $11.6 million, compared to $10.6 million in the six months ended January 26, 2002. The year�over�year growth was driven by the growth in the company�s software and online businesses which increased 36% to $11.2 million for the six months ended January 25, 2003 from $8.3 million for the six months ended January 26, 2002.

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    • BFD - still did only 6 mil, and they don't break-out ad rev on slash dot vs actual sw licenses sold....you want to invest in an ad supported business, go right ahead, but unless they spin that segemnt out, they are doomed - the sw biz for them will never amount to anything....bea is a real sw co - and they currently trade at $10 or so....you think va will even attain that type of rev. run rate?? doomed.....de-listing soon, trust me

 
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