French Now Barrons
Looking For French Now Barrons ? Then This is Where You Want to Be
 |
| No items matching your keywords were found. |
Answers Corporation (NASDAQ: ANSW) $61M (MarketCap)
Answers Corporation (NASDAQ: ANSW) is the creator of the leading answer engine Answers.com(R), which includes the properties WikiAnswers(R) and ReferenceAnswers(TM). WikiAnswers is a community-generated social knowledge Q&A platform, leveraging wiki-based technologies. Answers' goal is to become the Internet's best place for people to find and share answers to questions. ReferenceAnswers provides trusted editorial content on millions of topics from over 250 licensed dictionaries and encyclopedias form leading publishers, including Houghton Mifflin, Barron's, and Encyclopedia Britannica. It also offers international language support of five language versions, in addition to the English site: Spanish, French, Italian, German, and Tagalog. On May 24th, the website launched 3 new features, find friends, more messages, and bio page links.
On May 3rd, it reported its unaudited financial results for its first quarter ended March 31, 2010. Answers.com traffic and revenues grew 41% and 21% year-over-year. The WikiAnswers component's traffic and revenue grew 69% and 42% over the previous year as well. In March, the U.S. audience size was 51.2 million visitors, ranking the company #18 on the comScore charts, right ahead of Craigslist and the Weather Channel. Furthermore, Answers.com was reported as the 33rd highest site worldwide, with 76 million global monthly visitors.
Robert Rosenschein, Chairman and CEO of Answers Corporation, commented, "This quarter we will begin unveiling a series of new mobile and social media initiatives to start capitalizing on dramatic new Web opportunities. Over the course of 2010, we will also build new features which emphasize database quality, which we believe will drive traffic and revenue growth, by automatically empowering the broader population of contributors, even the more casual ones, to conveniently curate their own corner of our database. We have $24.4 million in cash and investments and are looking forward to a great 2010."
Disclosure: no positions
About the Author
About World Market Media:
WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor's Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies.
