Onstream Media Corp. (ONSM) Reports Record Fiscal Q3 Revenues
Onstream Media Corp. reported record financial results for its fiscal third quarter; the company‘s fiscal year is set to end September 30. The announcement came just after Monday’s closing bell. The company said it racked up a record $4.6 million in fiscal third-quarter revenues. This represents a 4.4% gain over Q3 2010 fiscal results and a 3% sequential increase over Q2 2011 fiscal results. Revenues from October through June were a record $13.4 million, up 5.7%, as compared to $12.6 million in the comparable period for fiscal 2010. The Pompano Beach-based Onstream is a veteran provider of live and on-demand…