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INSP Market Currents
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May 10 Shares of InfoSpace (INSP +26%) soar on heavy volume after blowing out Q1 estimates earlier this morning. Net profit surged on a 124% leap in total revenue Y/Y, as the Internet search company's newly acquired TaxACT tax preparation business added substantially to its top line results. INSP bought the web-based TaxACT business for around $288M in cash just before tax season, and the acquisition has already added $40M to the company's revenue coffers in just its first quarter.
Comment![Tech, Earnings, On the Move]
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at MarketWatch.com (May 10, 2012)
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at MarketWatch.com (May 10, 2012)
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at MarketWatch.com (May 9, 2012)
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at CNBC.com (Jan 9, 2012)
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at CNBC.com (Dec 19, 2011)
INSP Press Releases and Filings
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Business Wire (May 9, 2012)
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Business Wire (Apr 25, 2012)
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Business Wire (Jan 9, 2012)
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Business Wire (Dec 20, 2011)
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Wed, May 9Popular searches: cash.
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Company Description
InfoSpace, Inc. develops search tools and technologies that assist consumers with finding content and information on the Internet. We offer search services that enable Internet users to locate and view content, information, merchants, individuals, and products online. We offer search services... More