Michael Anderson (@michaelanderson)
$BSP Reports Q2 Revenue Up 126% to $704 Million
Bending Spoons ($BSP) reported Q2 revenue of $704 million, up 126% year over year.
Operating income rose 139% to $240 million, while diluted EPS increased 163% to $0.28.
Shares closed at $39.31 Friday and traded near $38 after hours. The company owns Evernote, Vimeo, WeTransfer, and AOL and follows a strategy of acquiring digital businesses, rebuilding them, and reinvesting the earnings into its next acquisition.