The spin on this call is amazing. It all comes apart at this point:
George Grose - American Capital Partners
If I were to strip out the impact of your acquisitions in the Bankers Financial and Promotions.com which combined for $4.2 million, you would have had about a 2% organic growth year over year, is that correct?
Eric Ashman
Yes. I don’t have those numbers in front of me but you’re doing the right calculations if you’re pulling out Bankers and Promotions.
And look at the way he dodges the final question:
Ross Sandler - RBC
I’m not sure if we may have covered this already, but the 18% ad growth year over year, what was that number organic? If we look at the 4% within the financial services vertical, what would that have been on an organic basis? Thanks.
Eric Ashman
We don’t break out the different properties and where ad revenue comes in across the different properties. Our whole proposition, whenever we launch anything new in the network, whether we acquire it or build it is to leverage the entire ad sales teams so that they’re working one relationship to make multiple sales. When we talk about the 18% it is a network-wide growth rate and we generally don’t break it down any deeper than that.
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The spin on this call is amazing. It all comes apart at this point:
May 01 16:50 pm
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All Comments by Lisa »TheStreet.com Q1 2008 Earnings Call Transcript [View article]
George Grose - American Capital Partners
If I were to strip out the impact of your acquisitions in the Bankers Financial and Promotions.com which combined for $4.2 million, you would have had about a 2% organic growth year over year, is that correct?
Eric Ashman
Yes. I don’t have those numbers in front of me but you’re doing the right calculations if you’re pulling out Bankers and Promotions.
And look at the way he dodges the final question:
Ross Sandler - RBC
I’m not sure if we may have covered this already, but the 18% ad growth year over year, what was that number organic? If we look at the 4% within the financial services vertical, what would that have been on an organic basis? Thanks.
Eric Ashman
We don’t break out the different properties and where ad revenue comes in across the different properties. Our whole proposition, whenever we launch anything new in the network, whether we acquire it or build it is to leverage the entire ad sales teams so that they’re working one relationship to make multiple sales. When we talk about the 18% it is a network-wide growth rate and we generally don’t break it down any deeper than that.