Vidaroo Corporation Files Quarterly Report for the Fiscal Period Ended March 31, 2010; Results Include 577% Increase in Revenue and 792% Increase in Operating Margin
| ||||
Vidaroo Corporation (OTCBB:VIDA - News), an innovative video technology company offering an Online VideoPlatform, video production and online video advertising, has filed its 10-Q Quarterly Report for the fiscalperiod ended March 31, 2010.Mark Argenti, CEO, Vidaroo Corporation states, "This is an unprecedented time for the Company, as we experienced growth in each of our three business units during the past quarter. The combination of a growing revenue base combined with the launch of our new brand and marketing interface at www.Vidaroo.com has created a very exciting environment from which to drive future growth." Tom Moreland, CFO, Vidaroo Corporation, notes, "We are pleased to see strong growth in Revenue combined with ongoing strength at the Operating Margin line. Building business with strong margins is a top priority for our management team." Investors are urged to monitor the progress of the company! |
| ||||
It's tough to find another company for only eighteen cents a share that has a customer base that includes the likes of Microsoft, Coca-Cola Company or Toyota Vidaroo Corporation Sees Quarterly Revenues Jump 577% as Compared to Same Quarter in 2009! VIDA Could See a Banner Year as Double Digit Comeback is expected for US Online Ad Spending VIDA’s latest Quarterly report seems to demonstrate that the company’s hard work is now really starting to pay off:
media, and the U.S. will spend Billions of Dollars advertising in this thriving new market space. Investors are now urged to place Vidaroo on your radar, as VIDA is put on the Potential Gainers Watchlist. With an Online Video Network that reaches over 10 million visitors monthly, Vidaroo Corporation (OTCBB: VIDA), a provider of a best-in-breed Online Video Platform, video production and on-line advertising, is working towards taking a commanding position in the industry. The company has earned the trust of a growing customer base that includes BIG names such as Microsoft, Coca-Cola Company, Tribune News Company, Toyota, Emmis Communications, Clear Channel, the Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake and more. |
| ||||
It seems there will be no lack of opportunity within the market space that gave birth to industry giants such as YouTube Inc., which was bought by Google for $1.65 Billion, and only five years after its creation, is now the top video property representing 41.8 percent of all videos viewed online.
this emerging company as the opportunity to profit could grow as well |
| ||||
About The CompanyVidaroo Corporation operates as a digital video technology company.It owns Gen2 Network, a network of Websites that delivers multi-channel video programming directly to the subscriber via the Internet. Its network delivers programs, such as music videos, sporting events and concerts, and exclusive programs. The company also offers production services, such as digital video imagery services for professional entertainment content; support for an array of video products; and delivery of daily Internet programming and other video content. In addition, it provides media management services for other companies or publishers. Further, the company licenses its software application for the display of online video on a basis of software as a service. It serves advertising agencies, artists, media companies, organizations, and businesses. The company was formerly known as Gen2Media Corporation and changed its name to Vidaroo Corporation on Apr 26, 2010. Vidaroo Corporation was founded in 2006 and is based in Orlando, Florida. http://finance.yahoo.com/q?s=VIDA.OB http://finance.yahoo.com/q/h?s=VIDA.OB Website: http://www.vidaroo.com |
No comments:
Post a Comment