Aug. 14, 2009 (Business Wire) — QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and six months ended June 30, 2009. These results reflect a 7% increase in second quarter revenue, to $1,836,736 from $1,724,396 in the comparative period in 2008. Revenue for the six months ended June 30, 2009 increased 10%, to $3,747,560 from $3,412,071 in the comparative period in 2008.
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today an enterprise agreement with TradePMR, Inc. TradePMR is a major provider of brokerage and custody services, and related technology, to the financial services industry.
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three months ended March 31, 2009. These results reflect a 13% increase in first quarter revenues, to $1,910,824 from $1,687,675 in the comparative period in 2008.
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three months ended March 31, 2009. These results reflect a 13% increase in first quarter revenues, to $1,910,824 from $1,687,675 in the comparative period in 2008.
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2008. These results reflect a 31% increase in year-over-year revenue, from $5,569,107 in 2007 to $7,276,980 in 2008. At December 31, 2008 the Company’s cash balance was $536,624, an increase of $179,308 from December 31, 2007. Net cash provided by operating activities was $856,703 for the year ended December 31, 2008; this represents a $1,293,556 increase in net cash generated from operations, when compared to the $436,853 that was used in operating activities during the comparative period.
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2008. These results reflect a 31% increase in year-over-year revenue, from $5,569,107 in 2007 to $7,276,980 in 2008. At December 31, 2008 the Company’s cash balance was $536,624, an increase of $179,308 from December 31, 2007. Net cash provided by operating activities was $856,703 for the year ended December 31, 2008; this represents a $1,293,556 increase in net cash generated from operations, when compared to the $436,853 that was used in operating activities during the comparative period.
QuoteMedia has now reported significant revenue growth for every quarterly reporting period for 6 consecutive years.