Answers.com show Revenues up; while Losses also go up | Startup Meme - Technology Startup and Latest Tech News

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Nov 6 2008

Answers.com show Revenues up; while Losses also go up

Saad Ali Abbasi 

answers_logo The online reference site Answers.com shows its Q308 earnings with higher revenues… and losses on the higher side as well. Revenues show 61% up from last year, whereas losses are recorded up by $1.95 million, from last year’s figure of $2.12 million. The losses however include the write-off of the Brainboost Answers Engine. Answers.com saw advertising revenues go up in this year’s quarter, and as it sees its revenues go up, WikiAnswers.com is a big part of the contributor in it.

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