Income Grows for United Online

Internet service provider United Online Inc. posted a 40 percent increase in profits for the second quarter when compared to last year. The Woodland Hills-based firm had a net income of $16.2 million, or $0.23 per diluted share, on revenues of $131.4 million for the quarter ending June 30. That is an increase from the $11.6 million, or $0.18 per diluted share, on revenues of $135 million for the same period in 2006. United Online provides social networking, online loyalty marketing, internet access and e-mail. The company’s content and media segment represented 38 percent of total revenues. The segment added 278,000 new accounts during the second quarter for a total of 2.8 million.