Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Alan Davis – D.A. Davidson & Co.
Alan Davis – D.A. Davidson & Co.
Could you break out consumer and professional revenues?
Paul Norris
The consumer revenue was $27.8 million and the pro revenue was $3.3 million.
Alan Davis – D.A. Davidson & Co.
And how about Dell as a percentage of revenues in the quarter?
Paul Norris
Dell was about 15%.
Alan Davis – D.A. Davidson & Co.
And in regards to that, are they back to where you expect them to be in terms of a run rate or maybe you could give us an update on how business with Dell is going.
Dave Habiger
Business is going well. We’ve got a bunch of new initiatives that we have launched with them. The most notable is the Qflix drive bundles. And you will also not the website is much more populated with programs and upsell activity with the Creator products.
There is also a new Dell store that basically is selling our software. It’s a store that downloads the application directly to the consumer rather than fulfilling a boxed application or a third party.
So all in all we are happy with the current business and some of the new programs we are beginning to launch with them.
Alan Davis – D.A. Davidson & Co.
Just in terms of growth, can you give us a break out, brick and mortar, consumer sales versus Web, year-over-year?
Paul Norris
We are seeing both doing pretty well, considering especially the retail segment is a bit challenged these days in general, but we have seen our, in particular with the Creator product, we have seen sales up year-over-year on that, which if you can imagine relates to a significant increase in market share.
And we aren’t really breaking out specifically the detailed numbers, especially as we have started rolling the online services piece, but that is moving well, too.
Alan Davis – D.A. Davidson & Co.
I thought you paid down the line of credit. Is that something you might think of financing again when the credit markets become more favorable, or what is your position with the line of credit going forward?
Paul Norris
Absolutely. It’s depending on how the credit markets shape up over the next little bit. We certainly would revisit that. I’m sure you are aware this is kind of a tight credit time.
- To read the full transcript on Seeking Alpha, click here »
