(BSNS WIRE) CMGI Reports Financial Results for Third Quarter of Fiscal 2007
Business Editors
WALTHAM, Mass.--(BUSINESS WIRE)----
CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its
third quarter of fiscal year 2007, ended April 30, 2007.
Financial Summary
-- Net revenue increased 6.5% from prior year to $282.1 million
-- Operating income improved to $0.9 million from an operating
loss of $1.7 million in the prior year
-- Non-GAAP operating income increased to $7.5 million from $7.0
million in the third quarter of the prior year
-- Net income decreased to $9.4 million compared to net income of
$21.7 million in the same period last year
-- Cash, cash equivalents and marketable securities at April 30,
2007 increased to $250.3 million from $213.0 million at April
30, 2006