Classmates Media shows $570,000 operating profit

September 28, 2007 on 7:00 pm    

Classmates media, company operates one of the popular site Classmates.com shows $570,000 operating profit vs $212,000 operating loss in the year-ago period and the $442,000 loss in the prior quarter. Its good comback for the company looking to go for an IPO and industry analysts watching it closely and if the IPO goes successfully then lot of social networking sites will follow. via

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