shopping.com with results

Filed in archive Technology on November 23, 2004

shopping.com forecasts an impressive US$ 33 million for fourth quarter:

"Online price comparison specialist Shopping.com Ltd forecast strong fourth-quarter growth Monday in its first public remarks since completing its well-received initial public offering of stock last month.

The Israel-based company, with U.S. headquarters located just outside San Francisco, expects revenue of about $34 million during the quarter that includes the holiday shopping season. The forecast assumes a 33 percent sales improvement from the same time last year -- growth that management attributes to increasing consumer reliance on Shopping.com and rival sites such as NexTag, PriceGrabber, and Shopzilla, formerly known as BizRate."

Not bad with a content only model...