Reuters: Technology News: Demand Media revenue growth slows in second quarter

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Demand Media revenue growth slows in second quarter Aug 7th 2013, 20:36 Wed Aug 7, 2013 4:36pm EDT (Reuters) - Demand Media (DMD.N), the online content company that operates brands such as eHow and Cracked, said on Wednesday its total year-on-year revenue growth slowed to 9 percent in the second quarter to $101.1 million, as growth slowed at its sites. Adjusted net income for the second quarter rose to $8.8 million, or 10 cents per share from $7.8 million, or 9 cents per share in the same quarter last year. Year-on-year revenue growth in the first quarter was 17 percent.

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