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California-headquartered but AIM listed video search technology group (and Autonomy spin-out), Blinkx, looks like it had a good first half (to 30th Sept.) with revenues expected to come in at around $80m and pre-tax profits of $2.4m, ahead of market expectations. News of the numbers, which 'new' CEO 'Brian' Mukherjee (see Top table change at Blinkx) termed 'exceptional', has boosted Blinkx’s shares by 16% to 60p as I write, though still well off its 150p+ peak a year ago.
Blinkx seems to be channelling its efforts into more traditional online advertising (see Why Blinkx shares halved), perhaps in recognition that its leading-edge technology was an answer looking for a question. But one can’t help but think that there ought to be many other ‘questions’ out there that Blinkx could provide at least part of the answer to in the fullness of time.
