Reuters: Technology News: Demand Media reports higher revenue and profit

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Demand Media reports higher revenue and profit May 7th 2013, 21:34 Tweet Share this Email Print Related News LinkedIn second-quarter revenue forecast falls short of targets Thu, May 2 2013 Thomson Reuters profit falls on severance costs Tue, Apr 30 2013 Richard Rosenblatt, CEO of Demand Media, attends the Allen & Co Media Conference in Sun Valley, Idaho July 10, 2012. Credit: Reuters/Jim Urquhart Tue May 7, 2013 4:23pm EDT (Reuters) - Demand Media reported a 17 percent increase in first-quarter total revenue to $100.6 million mainly on strong growth at its websites like eHow. The company said on Tuesday that net income rose to $700,000 or 1 cent per share, compared with a loss of $1.8 million or 2 cents per share in the same period a year ago. (Reporting by Jennifer Saba in New York; Editing by Chris Reese) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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