China Finance Online, the NASDAQ-listed Chinese online financial information and listed company data provider has reported net revenues of $5.72 million for Q2 2007. This exceeded the high end of the company’s guidance and represents a increase 43% as compared to Q1 2007 and 290% when compared to the same quarter last year. Net income was $1.56 million compared to $775,000 for Q1 2007, a 102% increase, and net income of $442,000 for Q2 2006, a 253% increase.
The company says that registered user accounts of jrj.com and stockstar.com grew to 7.3 million, an increase of 11% from the previous quarter. Fee-based active individual subscribers grew to 37,400, an increase of 18% from the previous quarter. Source: China Finance Online press release