Thursday May 15, 09:16 AM
Blinkx 6 mths to March loss $3.2 mln; ahead of plan in move to profitability
LONDON (Thomson Financial) - UK smallcap Blinkx Plc (LSE: BLNX.L - news) . posted a net loss of $3.2 million for the six months to
end-March on revenues of $3.6 million, but said it is ahead of plan in its move towards profitability.
Pretax losses in the period came in at $3.45 million. Comparative figures were not given.
The video search engine provider on the internet said content hours have more than tripled since its IPO in May 2007 to 26 million from 7 million, and added that it achieved daily video search run rate of over 5 million per day in March 2008.
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