More NewsLeap Group Revenues Up 18.7%

Leap Group Revenues Up 18.7%

Internet advertising agency The Leap Group Inc. said that its second quarter revenues rose 18.7% to $9.0 million, up from $7.6 million for the same quartera year ago.

Internet advertising agency The Leap Group Inc. said that its second quarter revenues rose 18.7% to $9.0 million, up from $7.6 million for the same quarter a year ago.

The company reported net income of $73,894, or $0.01 per share, compared to a net loss of $1.6 million, or $0.11 per share, for the same quarter a year ago.

Quantum Leap Communications, the company’s Internet advertising agency, grew 167 percent without any acquisitions, during the first six months of the year, the company said.

“We continue to work very hard during this turnaround period to keep costs in line with revenues; to increase and diversify our revenues; and to achieve and maintain profitability,” said Frederick Smith, Leap’s chairman.

“Quantum Leap embodies our Internet strategy as a company,” Smith said. “It has steadily built a business with top-notch clients such as American Airlines, MSNBC, OnHealth Network and FTD. We expect our Internet-related revenues to grow as Quantum expands its business and as we pursue other avenues for growth in this sector.”

Related Articles

How to measure a multi-channel marketing strategy

Digital Marketing How to measure a multi-channel marketing strategy

5d Tereza Litsa
The future of retail: How IoT is transforming the retail industry

Digital Transformation The future of retail: How IoT is transforming the retail industry

1m Diana Maltseva
GDPR: The role of technology in data compliance

Data & Analytics GDPR: The role of technology in data compliance

8m Clark Boyd
What companies can learn from the We-Vibe lawsuit about the Internet of Things

Legal & Regulatory What companies can learn from the We-Vibe lawsuit about the Internet of Things

1y Al Roberts
Has advertising arrived on Google Home?

Media Has advertising arrived on Google Home?

1y Al Roberts
Target is the top retail digital marketer, so why is it struggling?

Ecommerce Target is the top retail digital marketer, so why is it struggling?

1y Al Roberts
YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

More News YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

1y Al Roberts
YouTube is getting rid of 30-second unskippable pre-roll ads

Ad Industry Metrics YouTube is getting rid of 30-second unskippable pre-roll ads

1y Al Roberts