DMD Beats Street: Stock Up After Hours

Demand Media (stock symbol DMD) reported its quarterly earnings today, and despite reporting a loss, the company beat the street predictions. Demand Media owns and operates domain registrar Enom and domain auction service NameJet.

The stock ended the trading day down almost 9% to $7.08/share, but the price surged after hours. DMD stock is currently trading at $8.30/share, up close to 20%.

Some information that may be of interest to you from the Q3 report:

  • 25% increase in revenue to $81.5 million
  • eHow.com saw 71.5 million unique users in September
  • Domain registration margins at Enom increased 2% YTD over last year through Q3 (perhaps attributed to higher .CO registration fees?)
  • Average revenue per domain in Q3: $10.20 and YTD: $10.12
  • Enom saw a 15% increase in the number of registered domain names in Q3 as well as YTD
Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

7 COMMENTS

  1. “Beat the street” is meaningless – the way the game works is that companies always beat the street, regardless of how well or how poorly they do.

  2. Not all Jeff, only those that can fudge the books in time like GE through GE capital, Google by scamming with /adding more ads etc.

  3. Closed the AH session up just 1.89% Only a matter of time before this co. shuts down. It’s built on a flawed business mode in my opinion.

  4. Not to mention that Enom is the most un-competitively priced big registrar. The only time I end up using them is when I win a domain at a namejet auction. I always move it out well before the domain expires. I suspect that that is the case with most others as well.

Leave a Reply

Recent Posts

Fox.org UDRP Decision is Upsetting

0
Last night, I saw that WIPO had posted an update regarding the Fox.org UDRP. Fox.org is a domain name registered in 1996, and I...

CEO of NFT.com Shares Domain Name Acquisition Learnings

0
Jordan Fried is the owner of some exceptional domain names. A few of the domain names he owns include NFT.com, PuertoRico.com, and Fried.com. This...

Taking a Blog Break

45
I have been writing articles on my blog since 2007. I have been fortunate to have the advertising support of many domain industry companies...

Some Thoughts About 2023

3
As the year winds down, I have been thinking about what to expect for the upcoming year. I am hopeful that it will be...

How I Am Preparing for the New Year

4
Less than a week remains in 2022. This is generally a quiet week in terms of domain name sales, so I tend to spend...