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Today, November 13, 2008, we're focusing on IncrediMail Ltd. (NASDAQ: MAIL), an Internet company, after they reported financial results for the third quarter ended September 30, 2008.
Revenues in the third quarter of 2008 were $5.9 million, up 27% compared with $4.6 million in the third quarter of 2007, and up 12% sequentially from the second quarter of 2008. The increase in revenues resulted from a 77% increase in search-related revenues which reached $3.4 million, partially offset by a decrease in product and subscription revenues.
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