LiveWire Mobile revenues slip 9% in Q4
Ringback, full-track music downloads and personalization services provider LiveWire Mobile announced Q4 2009 revenues of $4.4 million, down 9 percent from Q3 revenues of $4.9 million but up 24 percent over year-ago totals. According to LiveWire, revenues for the fourth quarter increased 2 percent over Q3 when excluding $0.5 million of non-recurring managed services revenue resulting from commercial changes related to a contract extension with an unspecified customer--in addition, Q4 revenues include about $0.9 million attributable to the recognition of a cap-ex ringback customer deployment in Europe completed late last year.
LiveWire Mobile CEO Matthew Stecker said that in the year ahead, the firm plans to expand its international service footprint as well as its worldwide partner alliances, with new applications and services already in the pipeline. LiveWire now boasts more than 40 operator partnerships worldwide.
For more on LiveWire Mobile's Q4 results:
- read this release
For more on the Q4 earnings season:
- check out our complete coverage here