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Tuesday, November 15, 2005

Penton's Q3 Financials 

Penton Q3 10Q

Penton has released its Q3 financials, showing revenues up 14% to $50.9 million (due primarily to a trade show timing shift and increased online revenues.) Publishing revenues were down 8.4%. Year-to-date revenues are up 3.2%, but I wonder how the trade show timing shift, which moved a Q4 2004 event to Q3, will affect year-end revenues.

The company showed a slight net income for the Q3 period, and has narrowed its YTD loss from $65 million in 2004 to $3.7 million in 2005.

Lots of interesting details in the link above, including recent acquisition costs and disposition gains.

Disclosure: I own some Penton stock. Not much.

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