Icon Media Holdings, Inc. to Report Fourth Quarter 2011 Results
February 08 2012 - 8:00AM
Marketwired
Icon Media Holdings, Inc. (PINKSHEETS: ICNM) set to report results
for the Fourth Quarter ended December 31, 2011.
For the quarter ended December 31, 2011, gross revenue increased
by 19% compared to the same period in 2010. The increase in sales
for the quarter is due in part to our acquisition of IFX Financial
Services Group as well as our expansion into other markets.
ComScore, Inc., a leader in measuring the digital world,
released its Q4 2011 U.S. retail e-commerce sales estimates, which
showed that online retail spending reached $49.7 billion for the
quarter, up 14 percent versus year ago. This growth rate
represented the ninth consecutive quarter of positive
year-over-year growth and fifth consecutive quarter of double-digit
growth rates.
CEO Rob Deakin said, "We are encouraged by the initial results
of our growth initiatives and will continue to focus on
aggressively increasing shareholder value in 2012."
About Icon Media Holdings, Inc.
(ICNM):
Icon Media Holdings, Inc. is a diversified global e-commerce
company. The Company currently owns and/or operates e-commerce
websites, including www.moviegoods.com, www.puntdogposters.com, and
sells globally on storefronts such as Amazon and eBay, among
others. The Company also supports e-commerce companies through its
financial services division IFX Financial Group. Corporate website:
www.iconmediaholdings.com.
Forward-Looking Statements & Disclaimers: The information in
this Press Release includes certain "forward-looking" statements
within the meaning of the Safe Harbor provisions of Federal
Securities Laws, as that term is defined in section 27a of the
United States Securities Act of 1933, as amended, and section 21e
of the United States Securities Exchange Act of 1934, as amended.
Statements in this document, which are not purely historical, are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Investors are cautioned that such statements are based upon
assumptions that in the future may prove not to have been accurate
and are subject to significant risks and uncertainties, including
the future financial performance of the Company. Although the
Company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance
that such expectations or any of its forward-looking statements
will prove to be correct. Readers are cautioned not to place undue
reliance on these forward-looking statements that speak only as of
the date of this release, and the Company undertakes no obligation
to update publicly any forward-looking statements to reflect new
information, events, or circumstances after the date of this
release except as required by law.
Contact: Terry Kraemer Phone: 919.237.5700 ext. 203
info@iconmediaholdings.com
Icon Media (PK) (USOTC:ICNM)
Historical Stock Chart
From Dec 2024 to Jan 2025
Icon Media (PK) (USOTC:ICNM)
Historical Stock Chart
From Jan 2024 to Jan 2025
