QuoteMedia, Inc. (QMCI.OB) Files 10QSB Report
Quotemeda filed its 10QSB Quarterly Report today. The company Licensing revenue increased $478,534 (56%) and $800,968 (47%) when comparing the three and six month periods ended June 30, 2007 and 2006. This increase reflects sales growth for both our Interactive Content and Data Applications and the Quotestream Portfolio Management System. The company also expanded their line of Interactive Content and Data Applications, which includes XML market data feeds, and their average per client revenue increased from the comparative periods. This resulted in a $349,038 (69%) and $517,065 (48%) increase in Interactive Content and Data Application revenue when comparing the three…