Posted On: 04/10/2014 8:46:28 AM
Post# of 94263
$LIVE - LiveDeal Inc. Forecasts Gains in First Quarter Revenues 4/10/14
LiveDeal Inc. (NASDAQ: LIVE) ("LiveDeal" or the "Company"
, a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish 'real-time' and 'instant offers' to nearby consumers, today announced that it expects revenues for the quarter ended March 31, 2014 to have increased over the previous quarter, ended December 31, 2013.
The Company expects to file its financial report for the quarter ended March 31, 2014, by May 15th and preliminary numbers indicate a gain in top-line revenue compared to the same period in the prior year. LiveDeal continues to demonstrate strong growth with its flagship technology and the Company's 'grow your audience' approach that many technologies employ to gain users and increase popularity. In 2014 the Company enjoyed record numbers in each successive month validating the use of LiveDeal's growth model. The Company expects that as the size of its audience continues to grow, there should be a direct correlation between audience size and revenue growth. LiveDeal is in the early stages of experiencing that growth.
Jon Isaac, President and CEO of LiveDeal commented, "I am encouraged by our increased revenues as we finish off the first three months of 2014. I am equally pleased that our Velocity Localâ?¢ brand continues to make strides in generating cashflow while we continue to expand our restaurant consumer audience using our online and mobile deal engine livedeal.com.' He added, 'The growth of our user base should soon allow us the ability to monetize the LiveDeal platform by offering restaurants premium listings as well as other potential revenue streams.'
http://www.stockwatch.com/News/Item.aspx?bid=...p;region=U
LiveDeal Inc. (NASDAQ: LIVE) ("LiveDeal" or the "Company"
, a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish 'real-time' and 'instant offers' to nearby consumers, today announced that it expects revenues for the quarter ended March 31, 2014 to have increased over the previous quarter, ended December 31, 2013. The Company expects to file its financial report for the quarter ended March 31, 2014, by May 15th and preliminary numbers indicate a gain in top-line revenue compared to the same period in the prior year. LiveDeal continues to demonstrate strong growth with its flagship technology and the Company's 'grow your audience' approach that many technologies employ to gain users and increase popularity. In 2014 the Company enjoyed record numbers in each successive month validating the use of LiveDeal's growth model. The Company expects that as the size of its audience continues to grow, there should be a direct correlation between audience size and revenue growth. LiveDeal is in the early stages of experiencing that growth.
Jon Isaac, President and CEO of LiveDeal commented, "I am encouraged by our increased revenues as we finish off the first three months of 2014. I am equally pleased that our Velocity Localâ?¢ brand continues to make strides in generating cashflow while we continue to expand our restaurant consumer audience using our online and mobile deal engine livedeal.com.' He added, 'The growth of our user base should soon allow us the ability to monetize the LiveDeal platform by offering restaurants premium listings as well as other potential revenue streams.'
http://www.stockwatch.com/News/Item.aspx?bid=...p;region=U
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