Some excellent news came out of Answers Corporation today:
Answers Corporation Reports Q4 and Full Year 2008 Financial Results
Q4 Record Revenue of $4.63 million and Adjusted EBITDA of $1.95 million
Answers Corporation… today reported unaudited results for its fourth quarter and fiscal year ended December 31, 2008.
“Answers is very pleased to report a milestone quarter and fiscal year,” stated Robert Rosenschein, Chairman and CEO. “Quarterly revenues rose 30% sequentially to $4.63 million, with Adjusted EBITDA reaching $1.95 million, and our cash balance increasing $2 million to $11.74 million.
WikiAnswers continues to be an amazing property. comScore ranked it the fastest growing domain for all of 2008, as measured by percent change in unique monthly visitors for the top 200 US Web domains. Answers’ financial progress is a testament to our focus on the product without losing control of expenses. We look forward to continued growth in 2009 – and to building our value proposition of providing our users useful, relevant, quick answers.”