blinkx Reports 115% Revenue Growth » |
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12 November 2008 |
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By Kathleen |
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Pass the special sauce, we’ll have what you’re having blinkx! The online video company has outfoxed the ad downturn, reporting a whopping 115% growth (to $6.4 million) in the six months until Sept. 30, according to reports.
Operating losses widened however – by 87% ($4.3 million).
blinkx’s contextually targeting technology enables advertisers to pair their pitch with relevant videos.
According to the Financial Times, online display ad prices dropped by 11% in the third quarter, but blinkx’s rates keep going up. |