Earnings: PlanetOut’s In Losses in Q2

PlanetOut reported its Q2 earnings last week, and had a loss compared to profits in the quarter year ago. In Q2 06, it reported losses of $0.4 million, compared to net income of $1.0 million for the same quarter a year ago. Total net revenues for Q206 were $16.3 million, a 102% increase from net revenues of $8.1 million for Q205.
Total premium online subscribers declined from 164,000 to 151,000, and the company said it is taking measures, including product and service enhancements.
More details in the earnings release here.