TVNewser AgencySpy TVSpy LostRemote FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Vocus Announces Q3 Earnings: Revenue up 5%

vocus11.jpg

PR software vendor Vocus, Inc. (NASDAQ: VOCS) reported Q3 earnings, highlighted by revenue of $21.0 million, a 5% increase over the same period last year. The company added 240 new subscription customers during Q3, up from 233 added during the same period last year and 203 added in Q2 2009.

Vocus now counts 4,001 total active subscription customers, including the following who have re-signed or signed on for the first time: Cornell University, The Dannon Company, European Science Foundation, Ice Caters.com, Lawson Software, Los Angeles Opera, Military Families United, Silver Dollar City, Sun Life Assurance Company of Canada, Toll Brothers and Wyndham Worldwide.

The company has $16m in cash on hand. Barron’s called the earnings a “mixed report” since the company beat analysts expectations for Q3, but came in below their consensus for Q4 guidance. The company’s stock is currently trading at $19.16, up from a recent low of $14.99 on August 17th.

Mediabistro Course

Social Media 101

Social Media 101Get hands-on social media training in our online boot camp, Social Media 101! Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Register now!