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Business
by Mark Brooks on May 8, 2006
INTERACTIVE CORP -- May 2 -- IAC has 35% growth in revenue. Personals (Match, Kiss, Udate, Chemistry) revenue grew 23% worldwide. International paid subscribers grew 20%; with notable growth in Scandinavia and Spain. Profit margin declines reflect higher marketing spending and operating costs related to Chemistry.com, which launched Q1. RELEASE @ INTERACTIVE CORP.
Mark Brooks: Europe is hallowed ground, virgin territory, which is why I'm basing myself out of Europe for a while. I'm in Krakow, Poland this week. Programmers are ~$800 a month here. 180,000 students out of a population of 750,000. ...the weather's great in summer, the people are friendly and the castles and old square are dreamstate.
Permalink: IAC Reports Q1 Results
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/21637
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