Contributed by: Editor on Tuesday, November 23 2010 @ 07:37 pm
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Spark Networks 2010 3rd quarter financials are in so let's see how they did. Overall revenue is down $1.2 million this quarter to $9.9 million when compared to the same quarter last year. Net income for quarter 3 was $1.2 million. This is up 20% over quarter 3, 2009.
The Jewish Networks revenue was $6.8 million for the 3rd quarter this year. This was 4 percent less when compared to last year. The other Affinity Networks revenue was down 14 percent to $2.7 million and the General Market Networks earned $264,000, a 54 percent decrease over last year.
Average paying subscribers for Spark Networks, as a whole, in the 3rd quarter of 2010 were 158,422. This is a decrease of 4 percent compared to 165,206 for the 3rd quarter of 2009. Subscribers for the Jewish Networks were at 89,792 for the 3rd quarter. This is up 4 percent when compared to the 3rd quarter of last year. The Other Affinity Networks subscribers were down 7 percent to 62,026 and the General Market Networks decrease was 49 percent to 5,888 subscribers.
For the full 2010 Q3 release visit Spark Networks News Room[*1] .
Related Story: Spark Networks Second Quarter 2010 Financials