Wednesday, IncrediMail Ltd. (MAIL), an Internet company providing an integrated suite of email software products, reported a profit for the second quarter that was flat with the year-ago quarter, despite a 21% increase in revenue. On a per share basis, earnings increased by a cent for the period.
Net income reported by the Tel-Aviv, Israel-based company was $628 thousands, or $0.07 per share, for the quarter compared to $625 thousands, or $0.06 per share, in the prior-year quarter.
On a non-GAAP basis, net income amounted to $769 thousands, or $0.08 per share, compared to $826 thousands, or $0.09 per share, reported a year earlier.
Quarterly revenue increased 21% to $5.22 million from $4.30 million in the same quarter of last year, and was up 10% sequentially from the first quarter.
The company noted that the increase in revenues resulted primarily from a 34% increase in search-related activities as well as increased product and subscription revenues.
For the first half, the company posted a loss of $48 thousand, or $0.01 per share, compared to net income of $1.46 million, or $0.15 per share, in the corresponding period last year.
On a non-GAAP basis, first-half net income was $1.22 million, or $0.13 per share, compared to net income of $1.8 million, or $0.19 per share, a year ago.
Year-to-date, revenue increased to $9.98 million from $8.72 million in the previous year.
Looking ahead, Ofer Adler, chief executive officer said, " We continue to prepare for the third-quarter commercial launch of both HiYo and Magentic, and are on-track towards launching the new version of IncrediMail during the fourth quarter. Taken as a whole, we are excited by our positive momentum and look forward to accelerated growth in the second half of the year."
MAIL is trading up $0.24 or 7.56% at $3.47 on a volume of about 12 thousand shares.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.