United Online reports positive first quarter results lead by Classmates.com

May 6, 9:35 PMLA Internet ExaminerTimothy Nichols

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Headquarted in Woodland Hills, CA United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer products and services over the Internet, has reported first quarter financial results that ended March 31, 2009. The results were positive and outlined a GAAP Operating Income of $37.4 Million, Adjusted OIBDA of $61.5 Million, Cash Flow from Operations of $43.6 Million, Free Cash Flow of $37.5 Million and a Net Growth of 244,000 Classmates Media Segment Pay Accounts.

Classmates.com, a social networking site that helps members find, connect and keep in touch with friends and acquaintances, was a major contributor to these positive results showing a 34% year-over-year increase in segment adjusted OIBDA to $15.8 million. This is Classmates.com;s best-ever for a first quarter performance. This is a very impressive accomplishment for any company, especially one that battles competitors such as Facebook and MySpace.