Blinkx Lowers Burn Rate, but Analysts Are Cautious, Reuters

Blinkx, the online video search company released its year-end earnings today. While the company has lowered its burn rate and has $23 million in cash, some analysts are cautious about the company's prospects, Reuters reports.

Here are some company developments shared by Blinkx:

· Revenue more than doubled (top and bottom line performance beat analyst consensus)

·         Profits up over 100%

·         Unique visitors up to 88 million and page views up to 835 million (comScore)

·         blinkx index now has 35 million hours of video

· 175 new content partners for a total of 530

Last October, we interviewed Blinkx CEO Suranga Chandratillake at our Online Video Roundtable at MSNBC. I republished the interview today.

Check out the big feature on Blinkx by Robert Andrews over at paidContent. Here's the take by Gavin O'Malley at MediaPost.

Andy Plesser, Exective Producer

By Andy Plesser on May 19, 2009 @beet_tv

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Blinkx Lowers Burn Rate, but Analysts Are Cautious, Reuters

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