EDGAR Online reports "modest" Q3 gains

NEW YORK: EDGAR Online, a distributor of corporate data and public filings, reported earnings of $4.7 million for the third quarter ending September 30. The company called the figure "modest" in its earnings press release. For the first nine months of the year, revenues totaled $14.6 million , an increase of 11% from the same quarter last year. Philip Moyer, EDGAR Online president and CEO, said in a statement that the company is pleased with the results given the economic climate, but "our subscriptions business has been impacted by unprecedented reductions in the financial services community and we have seen slower sales in our data licenses business."

NEW YORK: EDGAR Online, a distributor of corporate data and public filings, reported earnings of $4.7 million for the third quarter ending September 30. The company called the figure "modest" in its earnings press release. For the first nine months of the year, revenues totaled $14.6 million , an increase of 11% from the same quarter last year. Philip Moyer, EDGAR Online president and CEO, said in a statement that the company is pleased with the results given the economic climate, but "our subscriptions business has been impacted by unprecedented reductions in the financial services community and we have seen slower sales in our data licenses business."

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