[PR] MarketWatch.com Reports Second Quarter 2004 Financial Results (PDF)

"MarketWatch.com, Inc. , a leading provider of business news, financial information and analytical tools, today announced its second quarter 2004 financial results. The Company’s net revenues for the second quarter 2004 were $20.2 million, compared to $11.1 million for the same period a year ago. Net income for the second quarter 2004 was $1.4 million, or $0.05 per share on 27.0 million diluted shares, comparing favorably to a net loss of ($127,000), or ($0.01) per share on 17.3 million diluted shares, for the second quarter 2003. [...]

Advertising revenues totaled $8.0 million in the second quarter 2004, increasing 48% from the second quarter 2003.  [...] Subscription revenues in the second quarter 2004, which mainly consisted of fees collected for the Company’s newsletters, increased 33% over the same period last year to $476,000 due to the continued introduction of new subscription products."