DMD Beats Street: Stock Up After Hours
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DMD Beats Street: Stock Up After Hours

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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

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 sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (7)

    Jeff

    “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.

    November 7th, 2011 at 5:37 pm

      Elliot Silver

      @ Jeff

      I don’t know about that… there have been plenty of companies come up short.

      November 7th, 2011 at 5:37 pm

    Priv

    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.

    November 7th, 2011 at 5:58 pm

    Brad Mugford

    If you have a low enough bar, it is easy to beat expectations.

    The bottom line is they still lost money.

    When is the last time they actually turned a profit?

    Brad

    November 7th, 2011 at 8:23 pm

    RJ

    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.

    November 7th, 2011 at 10:26 pm

    RJ

    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.

    November 7th, 2011 at 10:29 pm

      Elliot Silver

      Just for full disclosure, I do not own any DMD stock.

      November 8th, 2011 at 7:20 am

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