Conceptualist.com, By Sahar Sarid

Marchex, Inc. (NASDAQ:MCHX - News)(NASDAQ:MCHXP - News), a local online advertising company and leading publisher of local content, today reported its results for the fourth quarter of 2007 and full year ended December 31, 2007.

Fourth Quarter 2007 Consolidated Financial Results:

• Revenue was $37.0 million for the fourth quarter of 2007, compared to $32.6 million for the same period of 2006.
• GAAP net loss applicable to common stockholders was $774,000 for the fourth quarter of 2007 or $0.02 loss per diluted share. This compares to GAAP net income applicable to common stockholders of $5.0 million or $0.01 loss per diluted share for the same period of 2006. The GAAP diluted EPS calculation in 2006 excludes the effect of the non-cash non-recurring discount on preferred stock redemption of $5.8 million, net of dividends on the redeemed preferred shares of $197,000. The fourth quarter 2007 results included non-cash stock-based compensation expense recorded under the fair value method of $2.1 million, compared to non-cash stock-based compensation expense of $2.6 million for the same period in 2006.
• We provide a reconciliation of GAAP diluted EPS to Adjusted Non-GAAP EPS in the financial tables attached to this press release and encourage investors to examine the reconciling adjustments between the GAAP and non-GAAP measures. Adjusted non-GAAP EPS for the fourth quarter of 2007 was $0.08, compared to $0.13 for the same period of 2006. Some Wall Street analysts use non-GAAP measures to analyze our operating results, which may include adjusted non-GAAP EPS, adjusted operating income before amortization and adjusted EBITDA. We present GAAP measures with equal or greater prominence than non-GAAP measures and such non-GAAP measures should not be considered a substitute for, or superior to, GAAP results.
• Adjusted operating income before amortization was $5.3 million for the fourth quarter of 2007, compared to $8.3 million for the same period of 2006. A reconciliation of non-GAAP adjusted operating income before amortization to GAAP operating income and GAAP net income is included in the financial tables attached to this release.
• Adjusted EBITDA was $7.9 million in the fourth quarter of 2007, compared to $10.0 million for the same period of 2006. A reconciliation of operating income before taxes, depreciation, amortization and gain/loss on sales of intangible assets to GAAP net cash provided by operating activities is included in the financial tables attached to this release.

Source: Business Wire

Source: Loïc Le Meur blog
More about Seesmic at TechCrunch.

While some think it is a great post/video I believe they underestimate how great it really is. This post highlights a discussion I had with some of my partners lately. Note that 5.5M is from one source and a number of A LIST investors are the additional 500K. The reason for that the founder had one big believer and many who somehow followed the leader, cautiously. Could it be that the main leader knew others will follow, making their investment bullet proof? Now there's A list investors all over the place, and new investors again will simply do the same as the initial A list, instead of trusting one leader, their leaders would be all who invested in series A, however with more trust, and more money. The real good part in all this? There is yet a business there. It is still all smoke and mirrors, and web 2.0 hype.
Well done!
Sahar

Stupidity talks, vanity acts,"? said 19th century famous French romantic writer Victor Hugo. And now many countries seem to be following Hugo as their country code-specific top level domains (ccTLDs) are garnering big bucks for small and big nations alike.

The use of country-specific ccTLDs for purposes other than denoting the country in question is termed as Vanity ccTLDs in Internet Corporation for Assigned Names and Numbers (ICANN) parlance. ICANN is the global body which governs registration of all internet domain names.

These vanity ccTLDs are garnering huge business across the cyberspace for denoting everything but the country in question. For instance, take the .in ccTLD which was initially started to denote India. But now online social networking entrepreneurs are also making a beeline to register their sites under .in domain. Indian registries like Direct-I and Net4 are also getting top dollars from all manner of sites, from those seeking association with the internet (.in fits in perfectly), international operations (.in, again), even social networking sites who ask you to, yes join.in (come.in). And the beeline has become even greater with the .in registrations crossing 400,000 Monday, February 11.

Source: The Economic Times

Internet addresses ending in ".pdf" or ".mp3" could appear under a new proposal, while domain name suffixes consisting entirely of numbers would likely be rejected.

Hints about such do's and don'ts appeared in a new report issued by the Internet's key oversight agency, the Internet Corporation for Assigned Names and Numbers. The organization is looking for feedback on security and operational issues that may arise from the introduction of new domain names as early as this year.

ICANN said it considered prohibiting suffixes that match common extensions for file names, such as ".exe" for Windows-based executable programs, ".doc" for documents using Microsoft Corp.'s Word software, ".jpg" for photos in the popular JPEG format, ".pdf" for Adobe Systems Inc.'s ubiquitous Portable Document Format and ".mp3" for music files.

Source: MSNBC