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The TSC Streetside Chat: Brad Greenspan of eUniverse

 

Since last April, when the Internet bubble reached its peak, the world of online companies has become a veritable graveyard. Hundreds of Internet companies have gone bankrupt, while many of the survivors are still struggling to reach profitability.

There are a few heartening success stories, however. eUniverse , a small-cap company that operates several online sites with entertainment news, online games and humor content, is one of them. The company posted a profit for the first time last quarter and says it expects to deliver another profit when it reports the September quarter. For the fiscal quarter ended June 30, the company reported revenues of $5 million and income of $400,000, or 2 cents a share.

TheStreet.com spoke with eUniverse Chairman and CEO Brad Greenspan about what worked and his outlook for the Internet industry. ...

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