Three weeks after its IPO, Empire Online reported revenue of $25.3 million, up 83% from the same period last year, and net profit of $13 million for the second quarter of 2005.
“We are pleased with our second quarter performance which overcame the natural seasonal market decrease in activity and was in line with our expectations. We are confident that Empire Online will continue to deliver strong performance in line with our strategic goals,” said Chief Executive Noam Lanir.
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