Dow Jones Business News
DAG Media 3rd Quarter Loss 3 Cents/Share
Wednesday November 6, 3:27 pm ET

DAG Media Inc. (NasdaqSC:DAGM - News) - New York
   3rd Quar Sept. 30:
                        2002             2001
Revenue               $1,849,750       $1,464,425
Net income               (87,296)         123,624
Avg shrs (basic)       2,927,460        2,907,460
Shr earns (basic)
 Net income                 (.03)             .04

Figures in parentheses are losses.

DAG Media Inc. attributed its third-quarter loss to the consolidation of Blackbook, which was acquired from Brandera.com (USA) Inc. in August 2002. Blackbook publishes photography and illustration directories.

DAG Media attributed its revenue growth to sales of its Jewish Israeli Yellow Pages.

Total operating costs and expenses widened to $1.8 million from $1.1 million a year ago.

Company Web site: http://www.newyellow.com/

-Eamon Beltran; Dow Jones Newswires; 201-938-5400

 

SOURCE: DAG Media, Inc.

Back to the Press Releases