UNITED ONLINE ON A ROLL WITH SOLID Q4 NUMBERS.Byline: Daily News WOODLAND HILLS - United Online Inc. bought and grew its way to a banner fourth quarter, as the discount Internet services provider announced Wednesday that sales increased 23 percent. The November acquisition of Classmates Classmates can refer to either:
The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , from $14.5 million, or 21 cents per share, in the like period last year. The company, whose flagship offerings remain the bargain dial-up Internet services Net Zero, Juno and Bluelight.com, also announced that it will launch a voice-over-Internet service by the end of 2005, adding telephony to its Internet access See how to access the Internet. and content services. ``As a CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , what more could I ask for?'' said Mark Goldston, United Online's chairman, chief executive officer and president. ``A record quarter, a record year, two acquisitions and we can now leverage what we've done to go into a new business that could be a huge new category.'' For the full year, revenue swelled 32 percent, to $448.6 million from $339.2 million in fiscal 2003. Net income, excluding one-time tax benefits, increased to $48.9 million, or 74 cents per share, from $38.3 million, or 56 cents per share, in the prior year. The company also projected that operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. would be between $19.7 million and $20.7 million in the upcoming quarter on revenue of between $126 million and $129 million. Pay accounts should increase to the range of 4.85 million to 4.95 million users. The news, reported after the stock closed at $9.75, moved shares upward 34 cents in after-hours trading after-hours trading The trading of securities after the exchanges are closed. After-hours trading often refers to trading a listed security in the over-the-counter market after the exchanges have been closed for the day. . |
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