Napster: Q4 Revenue Will Beat Projections; 760,000 Subscribers

Authored by Mark Hefflinger on April 4, 2008 - 11:55am.

Los Angeles - Digital music service Napster (NASD: NAPS) said this week that it expects fiscal fourth quarter revenues of $31 million, which is higher than analysts had projected, and a modest gain on the $29.1 million it reported in the same period a year ago. The company expects to report record revenue of $127 million for fiscal 2008. Napster also said it ended the month of March with about 760,000 subscribers.


Related Links:
http://biz.yahoo.com/iw/080403/0383260.html

http://www.napster.com

tags: Music | Napster | Financials |

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