Earnings Report Delay
I realize many Wall Streeters read this blog. Therefore it is a good additional channel to the financial community and stockholders to provide added color to press releases about Jupitermedia.
Tonight we issued a press release indicating that we had to delay publishing our fourth quarter 2006 financials. There will be negative speculation about the delay. What is the main reason for the date change: the terminated Getty Images deal. We are a relatively small company and our financial team was diverted from our quarterly closing in order to supply due diligence information for the proposed deal which of course was ended yesterday. Therefore we need a few more days to close the books.
Therefore hold tight and do not speculate on negatives about the delay.
Jupitermedia CEO Alan Meckler
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