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February 14, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Web hosting and networking provider Globix (globix.com) recently announced its financial results for its fiscal 2007 first quarter ended December 31, 2006.
Globix says its revenue from continuing operations was $18.1 million with a net quarterly profit of $5.2 million, including the gain of $6.4 million on the sale of its US hosting division.
The company says after its US hosting sale, it is now a transport only company focused on its subsidiary NEON Communications, a facilities-based wholesale communications provider. Prior to this quarter, Globix sold its UK hosting division and its former corporate headquarters building in New York City.
"As a result of the transactions completed in the last twelve months, we have significantly improved the company's liquidity and financial position, although we continue to post an operating loss," says Kurt Van Wagenen, CEO and president of Globix. "We are coming off a year where we have had very good revenue growth in the transport business and we are positioned well to take advantage of opportunities going forward."
Read Back Issues of WHIR Magazine
October 2009 - Web Hosting's All Star Team
This has been, for us, one of the most interesting, exciting and challenging build-ups to an issue of the magazine yet, Web Hosting's All Star Team. The balloting process was our first experiment with a kind of user participation we're planning to do a lot more with in the months to come. We had thousands of ballots submitted, with hundreds of write-in suggestions and a demonstration of user engagement that has us feeling super positive about the project.
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July 2009 - What am I Worth?
One of the interesting luxuries of working on a project like the printed WHIR magazine is that it allows us to play with things like our point of view from one issue to the next. In recent months we've been giving added attention to the kind of practical and applicable advice aimed at smaller hosts and resellers. This issue carries on with that point of view, asking, in our cover story, "what am I worth?" It's a complicated question without a clear-cut answer.
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May 2009 - The Blueprint for a Small Web Host
I was a little surprised by how difficult it became to see this idea through. We set out to assemble a blueprint for a small hosting business, but butted up pretty quickly against the general impossibility of covering all the territory that was out there to be covered. The basic constraints of a printed magazine, and the less-than-infinite amount of time we had available forced us to face the fact that we could never produce an exhaustive guide to starting a hosting company.
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