Answers Corp (1283073) SEC Filing 10-Q Quarterly report for the period ending Wednesday, June 30, 2010

Answers Corp

CIK: 1283073

Traffic Up 21% Year-over-Year; $1.49 Million Cash Flow from Operations
New York, NY, August 9, 2010 - Answers Corporation (NASDAQ: ANSW), creators of the leading answer engine®, which includes the properties WikiAnswers® and ReferenceAnswers™, today reported unaudited financial results for its second quarter ended June 30, 2010.
“The past few months were a big turning point for our product direction. As promised, we launched a streamlined new Mobile We connected to the Facebook and Twitter social media platforms, with more to come. And we launched, with 200,000 videos, to promote user engagement,” said Robert Rosenschein, Chairman and CEO. “We experienced 21% year-over-year traffic growth in Q2. According to comScore, our 40.4 million unique monthly visitors in June ranked #22 in the U.S. And we have topped 9 million answers in our user-generated database. We are confident in our position in the large and growing Q&A space and excited going into the strongest season of the year.”
“The company’s single most important development initiative in progress is the creation of a new automated Reputation Management System (RMS),” said Jeff Schneiderman, Chief Technical Officer. “This will help us monitor and improve user-generated content quality, promoting the best answers. We believe this proprietary algorithm should contribute to traffic, revenue, database value, and user satisfaction alike.”
Financial and Traffic Results at a Glance
(in thousands – except page views)
Quarterly Results (Unaudited)
Q2 - 2009
Q2 - 2010
Operating income
Adjusted EBITDA
WikiAnswers average daily page views
ReferenceAnswers average daily page views
Total average daily page views
Year-to-Date Results (Unaudited)
Six months ended June 30
Operating income
Adjusted EBITDA
WikiAnswers average daily page views
ReferenceAnswers average daily page views
Total average daily page views
See Appendix A of this earnings release for the 2009 and 2010 quarterly revenue, traffic and RPM data of our two Web properties.
Conference Call will host a conference call today, August 9, 2010, at 4:30 P.M. (Eastern Time) to be broadcast over the Internet at To participate via telephone, please dial (888) 396-3782 and request the Answers call. A replay will be available on the site shortly after the call.

The following information was filed by Answers Corp on Monday, August 9, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Answers Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2010 10-K Annual Report includes:

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SEC Filing Tools
CIK: 1283073
Form Type: 10-Q Quarterly Report
Accession Number: 0001283073-10-000028
Submitted to the SEC: Wed Aug 11 2010 7:33:45 AM EST
Accepted by the SEC: Wed Aug 11 2010
Period: Wednesday, June 30, 2010
Industry: Prepackaged Software

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