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From: Glenn Petersen5/9/2007 8:10:30 PM
   of 133
 
KNOT was down $3.42 in after hours trading:

The Knot Reports First Quarter 2007 Financial Results

Wednesday May 9, 4:05 pm ET

Revenue Rises 43% and Pre-Tax Income Increases 55%

Reminder: Conference Call Today at 4:30 ET Dial In (800) 638-7172, Conference ID# 6138776

NEW YORK--(BUSINESS WIRE)--The Knot, Inc. (NASDAQ: KNOT - News, www.theknot.com - News), a leading lifestage media company targeting couples planning their weddings and future lives together, today reported financial results for its first quarter ended March 31, 2007.

First Quarter 2007 Results

For the first three months of 2007, net revenues rose 43% to $21.0 million from $14.8 million in the first quarter of 2006. Revenue from national and local online advertising programs increased by 38% over the prior year's first quarter. Merchandise revenue from the sale of wedding supplies grew 50% while publishing and other revenues recorded a small gain. Registry services revenue, which is derived substantially through the WeddingChannel business that was acquired in September 2006, amounted to $1.8 million in the recent quarter.

Income before income taxes increased to $2.8 million in the first quarter of 2007 as compared to $1.8 million a year ago. The provision for income taxes was $1.1 million in the first quarter of 2007 and $103,000 in the corresponding period in 2006. The provision for income taxes for the first quarter 2006 was reduced by the utilization of net operating loss carryforwards. Net income for the first quarter of 2007 was $1.6 million or $0.05 per basic and diluted share as compared to $0.07 per basic and diluted share in the first quarter of 2006.

Commenting on The Knot's results, Chief Executive Officer David Liu said, "We are very pleased with the strong growth in our local online advertising and merchandise businesses and the performance of the registry services operation acquired through WeddingChannel. We are working to resolve the performance issues affecting our national online advertising programs so we can begin to more effectively sell consolidated marketing packages across The Knot and WeddingChannel websites. Meanwhile we see great potential for growth in several recent initiatives including the launch of lilaguide.com, thenestbaby.com and The Knot's lifestyle gift registry powered by Macy's."

First Quarter 2007 Financial Highlights

National and local online revenues were $3.5 million and $7.3 million, respectively, for the three months ended March 31, 2007, as compared to $2.7 million and $5.1 million for the corresponding period in 2006.

-- Gross profit margins for merchandise revenue were approximately 53% and 50% for the three months ended March 31, 2007 and 2006, respectively.

-- Gross profit margins for publishing and other revenue were approximately 61% and 67% for the three months ended March 31, 2007 and 2006, respectively.

-- Total operating expenses for the three months ended March 31, 2007 included approximately $1.0 million representing the amortization of acquired intangible assets recorded in connection with the acquisition of WeddingChannel.

-- Stock-based compensation expense was $472,000 and $329,000 for the three months ended March 31, 2007 and 2006, respectively.

-- Net cash provided by operating activities was $7.5 million in the first quarter of 2007 while capital expenditures amounted to $657,000.

Recent Developments

In February, the Company launched Lilaguide.com, the web's first hub for real parent reviews of local baby stores, gear, and services. Lilaguide.com has 32,000 listings and over 120,000 reviews from parents who want to share their advice on baby products, services and activities in 5,000 neighborhoods across the United States.

In March, The Knot signed a two-year agreement with Macy's Wedding & Gift Registry making Macy's the exclusive retail partner providing products on TheKnot.com registry. The Lifestyle Registry, a registry tool located on TheKnot.com, is designed to help couples jump-start the overwhelming process of registering for gifts and customize their registry to fit their lifestyle needs. This innovative tool is an example of The Knot's commitment to making planning a wedding and its surrounding events easier for its users.

Also, in March, The Knot Guide to Destination Weddings, The Knot's latest book, arrived on bookshelves in support of one of the biggest trends in weddings. Author Carley Roney debuted the book on NBC's TODAY Show as she talked ideas and fashion for far-flung nuptials.

Conference Call and Webcast

The Knot will host a conference call with investors at 4:30 p.m., ET on Wednesday, May 9, 2007, to discuss its first quarter financial results. Participants should dial-in (800) 638-7172, Conference ID# 6138776. Please dial-in 10 minutes before the call is scheduled to begin.

Participants can also access the live broadcast over the Internet on the Investor Relations section of The Knot Web site, accessible at www.theknot.com/investor-relations. To access the Web cast, participants should visit The Knot web site at least 15 minutes prior to the conference call in order to download or install any necessary audio software.

A replay of the Web cast will also be archived on The Knot Web site approximately 2 hours after the conference call ends for a period of two weeks and will also be available at 800-642-1687 reference #6138776.

About The Knot, Inc.

The Knot (NASDAQ: KNOT; www.theknot.com) is a leading lifestage media and services company. The Company's flagship brand, The Knot, is the nation's leading wedding resource that reaches over 1 million engaged couples each year through the web, newsstands, bookstores, national television and more. Its wedding websites, TheKnot.com and WeddingChannel.com are the most-trafficked online wedding destinations for information and registry gifts. The Company also offers a diverse collection of print publications including national and regional wedding magazines, seven books, a video on demand (VOD) service for Comcast Cable, and content distribution partnerships with MSN, Scripps Howard and The McClatchy Company. The Knot owns and operates several brands targeted before and beyond the wedding day, including newlywed resource The Nest (www.thenest.com), party-planning portal PartySpot.com, teen site PromSpot.com, online personals site GreatBoyfriends.com and a localized information resource for parents, "the lilaguide" (lilaguide.com). The Knot is based in New York and has several other offices across the country.

This release may contain projections or other forward-looking statements regarding future events or the future financial performance of The Knot. These statements are only predictions and reflect the current beliefs and expectations of The Knot. Actual events or results may differ materially from those contained in the projections or forward-looking statements. It is routine for internal projections and expectations to change as the quarter progresses, and therefore it should be clearly understood that the internal projections and beliefs upon which The Knot bases its expectations may change prior to the end of the quarter. Although these expectations may change, The Knot will not necessarily inform you if they do. The Knot's policy is to provide its expectations not more than once per quarter, and not to update that information until the next quarter. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation, (i) The Knot's unproven business model and limited operating history, (ii) The Knot's history of losses, (iii) risks related to The Knot's recent acquisition of WeddingChannel, (iv) the significant fluctuation to which The Knot's quarterly revenues and operating results are subject, (v) the seasonality of the wedding industry and (vi) other factors detailed in documents The Knot files from time to time with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

The Knot Inc.
Consolidated Balance Sheets
(in thousands)

March 31, December 31,
2007 2006
----------- ------------
(Unaudited) (Audited)
Assets
Current assets:
Cash and cash equivalents $48,733 $73,633
Short-term investments 39,375 7,000
Accounts receivable, net 9,969 9,743
Inventories 1,653 1,345
Deferred production and marketing costs 535 584
Deferred tax assets, current portion 7,877 8,369
Other current assets 1,426 1,500
----------- ------------
Total current assets 109,568 102,174

Property and equipment, net 8,731 9,376

Intangible assets, net 33,774 34,015
Goodwill 33,392 33,854
Deferred tax assets 23,617 24,490
Other assets 320 342
----------- ------------
Total assets $209,402 $204,251
=========== ============

Liabilities and stockholders' equity
Current liabilities:
Accounts payable and accrued expenses $6,680 $7,661
Deferred revenue 14,036 10,498
Current portion of long-term debt 51 51
----------- ------------
Total current liabilities 20,767 18,210

Deferred tax liabilities 15,004 15,014
Long term debt 55 55
Other liabilities 530 548
----------- ------------
Total liabilities 36,356 33,827

Stockholders' equity:
Common stock 313 311
Additional paid-in-capital 189,894 188,909
Accumulated deficit (17,161) (18,796)
----------- ------------
Total stockholders' equity 173,046 170,424
----------- ------------
Total liabilities and stockholders' equity $209,402 $204,251
=========== ============


Note: Certain prior year amounts have been reclassified to conform to the current year's presentation.

The Knot Inc.
Consolidated Statements of Operations
(in thousands, except per share amounts)

Three months ended
March 31,
----------------------
2007 2006
----------------------
(Unaudited)(Unaudited)
Net revenues:
Online sponsorship and advertising $10,776 $7,799
Registry Services 1,760 59
Merchandise 4,631 3,079
Publishing and other 3,861 3,814
----------------------
Total net revenues 21,029 14,751

Cost of revenues 4,016 3,129
----------------------

Gross profit 17,012 11,622

Operating expenses:
Product and content development 3,144 1,786
Sales and marketing 5,890 4,714
General and administrative 4,085 3,262
Depreciation and amortization 2,108 372
----------------------
Total operating expenses 15,227 10,134

Income from operations 1,785 1,488

Interest and other income, net 987 300
----------------------

Income before income taxes $2,772 $1,788
----------------------
Provision for income taxes 1,138 103
----------------------

Net income $1,634 $1,685
======================

Basic earnings per share $0.05 $0.07
======================
Diluted earnings per share $0.05 $0.07
======================
Weighted average number of common shares
outstanding
Basic 30,811,815 23,084,722
======================
Diluted 32,832,516 25,578,559
======================


Note: Certain prior year amounts have been reclassified to conform to the current year's presentation.

Contact:
VMW Corporate & Investor Relations
Vicki Weiner/Sylvia Dresner, 212-616-6161
info@vmwcom.com

--------------------------------------------------------------------------------
Source: The Knot, Inc.

biz.yahoo.com

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To: Tom Caruthers who wrote (114)6/12/2007 8:50:13 AM
From: Glenn Petersen
   of 133
 
While I am not a technician, Chris Schumacher has an interesting article that suggests that KNOT is probably headed lower. Click on the URL and take a look at the chart.

Note to GP: Learn how to post graphical information on SI.

Bears Look to Tie Up Knot

By Chris Schumacher
RealMoney.com Contributor

6/12/2007 7:33 AM EDT

While I was engaged to be married, Knot (KNOT - Cramer's Take - Stockpickr - Rating) became a favorite stock of mine through most of 2005 and 2006. My fiance would look at this wedding-planner Web site daily for hours on end, planning virtually every facet of our wedding, which took place in April 2006.

However, whenever I would mention this story to friends and colleagues, they would invariably say the same thing: I was seeing the effect of increased advertising dollars, which coupled with a broad market uptrend in 2005 and 2006 meant that this was a stock that did very well during this period.

Now, fast forward to the first half of 2007.

Since Knot shares experienced strong distribution pressure above $30 early in the year, the stock's story has been one of aggressive distribution. This type of selloff can be seen when there is consistent volume as price declines.

The decline will normally show a series, or progression of lower highs and lower lows. This is a result of failed rallies, which occur when institutional support is willing to step in and buy weakness for a bit, but are not willing to build huge positions and chase the stock higher.

Instead, these institutions are buying weakness in anticipation of retail traders who are willing to buy highs, and then they unload the position on them. Selling into this retail buying allows for quicker profits and less risk.

This aggressive distribution pressure appears to be continuing, and the first major test for the bulls since the stock's gap down in May will occur this week. If the bulls fail to drive the stock price higher above the downtrend channel resistance, the bears should push the stock price at least back to the downtrend channel support at $18.

The ideal setup for this trade will be to see price behavior fail at the downtrend channel resistance. If this happens, an entry at $21.50 with a stop at $23.50 will yield $2.00 in risk.

The first profit target will be placed at $18, where partial profits could be taken. The final profit target would be $15.50.

If the price of the stock moves under $18.75 without first offering an entry, this trade setup is no longer valid.

us.rd.yahoo.com*http://www.thestreet.com/_yahoo/newsanalysis/technicalanalysis/10361946.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

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To: Glenn Petersen who wrote (116)6/12/2007 10:31:42 AM
From: Tom Caruthers
   of 133
 
Hi Glenn,

It's bumping on it's 50-day MA as resistance and overall it's still in a down trend. I have bought some KNOT back in the $18-19 range. If we can't start a new uptrend here, then I think we will see $16.

Tom

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To: Tom Caruthers who wrote (117)6/13/2007 6:32:12 AM
From: Glenn Petersen
   of 133
 
If we can't start a new uptrend here, then I think we will see $16.

That may be a good target.

The following announcement made in early 1999 would have been good for a 20% one-day pop:

The Knot, Inc. is Proud to Announce the Arrival of TheNestBaby.com

Tuesday June 12, 2:03 pm ET

Leading Lifestage Media Company Launches Web Hub to Coach First-Time Parents Through Pregnancy & Parenthood

NEW YORK, June 12 /PRNewswire-FirstCall/ -- Before their third anniversary, 60% of TheKnot.com's annual 1+ million newlyweds will be pregnant. In response to the growing demand for pregnancy advice and resources, The Knot Inc. (Nasdaq: KNOT - News) a leading lifestage media and services company, has given birth to a new hip and helpful hub for first-time parents: TheNestBaby.com.)

Designed using the one-stop web resource model that made TheKnot.com the Internet's most popular online wedding planning destination, TheNestBaby.com has been crafted to guide the information-hungry parents of the 4+ million babies born in the U.S. each year through the uncharted territory of pregnancy and parenthood by bringing modern advice, an active community, and detailed local content together in a single website.

Harnessing the power of social networking, TheNestBaby.com connects parents to their peers and personalized advice -- using an unparalleled combination of user-generated content and up-to-date community features including baby blogs, local reviews, lists, profiles, photo galleries, and topic-based message boards. This highly interactive community gives moms to-be 24-hour access to the equivalent of thousands of phone calls to friends (many of whom have already connected through the online communities on TheKnot.com and TheNest.com).

Like TheKnot.com, TheNestBaby.com also provides pregnant moms and new parents with essential information such as stage-by-stage advice, expert Q&As, interactive tools, product reviews, checklists, as well as local events listings and resource reviews powered by Lilaguide.com, the Web's largest searchable database of real-parent feedback on local baby doctors, stores, and services.

"For years the brides who planned their weddings on TheKnot.com have been begging us to create 'The Knot for new moms,'" explains Carley Roney, The Knot Cofounder & Editor in Chief. "TheNestBaby.com combines our tell-it-like-it-is approach to advice with super-addictive social networking features and deep local content -- in a single destination."

TheNestBaby.com comes click-ready with these key features:

-- TRYING TO CONCIEVE COMMUNITY

Building upon the already burgeoning pre-pregnancy conversations on TheNest.com (The Knot Inc.'s online resource for recently married couples), TheNestBaby.com begins its relationship with users even before the positive pregnancy test. The site has niche communities and editorial areas devoted to infertility, adoption, twins, and more.

-- 30,000+ BEST-RANKED LOCAL BABY SERVICES Powered by Lilaguide.com

Access to candid reviews and contact information for the best ranked family-friendly eateries, baby gear retailers, nurses, nannies, pediatricians, music and gym classes, mommy networks, and more, broken down by zip code in thousands of neighborhoods in 30 U.S. cities, from Brooklyn to Newport Beach.

-- TRIMESTER-BY-TRIMESTER SUPPORT

From morning sickness to labor pains and sleepless nights with an infant, users can check in-by trimester and baby stage-with other soon-to-be moms and new parents for support in numbers (at any time, day or night).

-- "BABY BOOK" BLOGS & PHOTO GALLERIES

Create a family homepage at TheNestBaby.com, where you can post pics of your growing belly, nursery, and newborn, alongside personal blog entries, message board posts, and favorite articles on TheNestBaby.com.

-- REAL Q&A FROM EXPERTS WITH REAL EXPERIENCE

Get answers to hundreds of essential (or embarrassing) questions on fertility, pregnancy, or baby care from other real moms and our panel of pros (ob-gyns, midwives, fertility specialists, lactation consultants, therapists, and pediatricians) who are all parents too.

-- OVULATION TOOLS, KICK LOGS & PARENTING CHECKLISTS

Play with a myriad of interactive tools designed to help you have fun while you prepare for baby's arrival, from when to get pregnant to what to pack in your baby bag. Plus, find out if the addicting Chinese gender chart really works!

-- THE WEB'S BIGGEST BABY NAME BLOG

Nicolas or Nathaniel? Amanda or Addison? Check out TheNestBaby Editor's blog on the best baby namers on the Web, and stop by the baby naming board to poll thousands of other moms on your potential nomers.

-- THE NEST BABY SHOP

Shop for hundreds of personalized baby gifts, nursery essentials and an array of adorable, creative products for parents and their bundles of joy: from sentimental presents to unique favors for a stylish baby shower.

The Nest Baby can be found at TheNestBaby.com.

<snip>

biz.yahoo.com

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To: Glenn Petersen who wrote (118)6/13/2007 11:11:47 AM
From: Tom Caruthers
   of 133
 
Thanks Glenn,

This is the logical direction and a potentially lucrative one. But it will take time to see if they can get any traction. If I were them, I'd acquire BabyCenter (they already have an alliance with them) or some other major baby site that has traction.

Tom

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From: Glenn Petersen8/9/2007 9:02:01 AM
   of 133
 
KNOT up $2.00 in after hours trading yesterday:

The Knot Reports Second Quarter 2007 Financial Results

Wednesday August 8, 4:00 pm ET

Online Advertising and Registry Services Lead Revenue Gains
Conference Call Today at 4:30 p.m. ET Dial-In 800-638-7172 (ID#10416358)

NEW YORK--(BUSINESS WIRE)--The Knot, Inc. (NASDAQ: KNOT - News, www.theknot.com - News), a leading lifestage media company targeting couples planning their weddings and future lives together, today reported financial results for its second quarter and six months ended June 30, 2007.

Second Quarter 2007 Results

For the second quarter ended June 30, 2007, The Knot reported net revenues of $28.5 million, an increase of 61% from net revenues of $17.7 million for the second quarter of 2006.

Revenue from national and local online advertising programs increased 50% over the prior year's second quarter.

Merchandise revenue from the sale of wedding supplies grew 35% while publishing and other revenues recorded a 30% gain.

Registry services revenue, which is derived substantially through the WeddingChannel business that was acquired in September 2006, was $3.4 million in the recent quarter.

Income before income taxes increased to $8.1 million in the second quarter of 2007 compared to $4.1 million a year ago. The provision for income taxes was $3.4 million in the second quarter of 2007 and $173,000 in the corresponding period in 2006. The provision for income taxes for the second quarter 2006 was reduced by the utilization of net operating loss carryforwards. Net income for the second quarter of 2007 was $4.8 million or $0.15 per basic and diluted share as compared to net income of $3.9 million or $0.17 per basic and $0.15 per diluted share in the second quarter of 2006.

"Our second quarter results demonstrate the resilience of our business model; however, 2007 remains a challenging year, and I believe there is still room for significant improvement across all our business units," said David Liu, Chief Executive Officer of The Knot. "Online national advertising grew by 65% for the quarter, powered in part by short term buys. We must continue our efforts to increase our share of marketing budgets for both our online and offline businesses. Our challenge remains to extend our multi-media platform across multiple life stage brands and to educate our advertisers on how to build long term relationships with our valuable consumers. We continue to invest in updating our technology platform so that we may efficiently meet the ever changing needs of our audience and advertisers alike."

Six Month Results

For the six months ended June 30, 2007, The Knot reported net revenues of $49.5 million and net income of $6.4 million or $0.21 per basic and $0.19 per diluted share as compared to net revenues of $32.5 million and net income of $5.6 million or $0.24 per basic and $0.22 per diluted share in 2006. Income before income taxes was $10.9 million for the first six months of 2007 and $5.8 million in the corresponding period in 2006. The number of common shares outstanding were 31,417,909 and 23,448,397 as of June 30, 2007 and 2006, respectively.

Second Quarter 2007 Financial Highlights:

-- National online revenues were $4.9 million and $8.4 million, for the three and six months ended June 30, 2007, respectively, as compared to $3.0 million and $5.7 million for the corresponding periods in 2006.

-- Local online revenues were $7.6 million and $14.9 million for the three and six months ended June 30, 2007, respectively, as compared to $5.4 million and $10.5 million for the corresponding periods in 2006.

-- Gross profit margins for the six months ended June 30, 2007 were 80% as compared to 78% for the corresponding period in 2006.

-- Stock-based compensation expense was $577,000 and $1.0 million for the three and six months ended June 30, 2007, respectively, as compared to $361,000 and $689,000 for the corresponding periods in 2006.

-- Net cash provided by operating activities was $15.2 million for the six months ended June 30, 2007 while capital expenditures amounted to $1.3 million.

Recent Highlights:

-- In April, The Knot Best of Weddings magazine, a by-brides-for-brides guide to the top wedding sites, photographers, florists and more in over 40 key cities across the United States, was launched. The magazine is based on a unique survey of 25,000 recent brides and grooms capturing detailed feedback on every wedding business that couples hire.

-- In June, Denise Favorule joined The Knot from Readers Digest Association as Senior Vice President, Group Publishing Director, a new position at the Company. Ms. Favorule is responsible for leading both national and local advertising sales and marketing as well as spearheading cross-platform sales efforts across all media properties.

-- In June, The Knot announced the launch of TheNestBaby.com in response to the growing audience demand for pregnancy advice and resources. TheNestBaby.com brings modern advice, an active community and detailed local content together in a single website.

-- In June, The Knot TV launched a new series that adds 360 minutes of this season's exciting new wedding fashions to its already extensive lineup of original wedding programming. Summer 2007 marks the second year that The Knot TV has been live as the world's only 24/7 wedding TV channel. The channel, streamed to a bride-to-be audience, features wedding-themed programming that includes fashion shows, bridal makeovers, honeymoon specials, real-wedding videos and style inspiration from celebrity wedding planners and The Knot's TV personality Carley Roney.

Conference Call and Replay Information

The Knot will host a conference call with investors at 4:30 p.m. ET on Wednesday, August 8, 2007 to discuss its second quarter 2007 financial results. Participants should dial in 800-638-7172 Reference # 10416358 at least 10 minutes before the call is scheduled to begin. Participants can also access the live broadcast over the Internet on the Investor Relations section of The Knot Web site, accessible at www.theknot.com/investor-relations. To access the webcast, participants should visit The Knot website at least 15 minutes prior to the conference call in order to download or install any necessary audio software.

A replay of the webcast will also be archived on The Knot website approximately two hours after the conference call ends for a period of two weeks and will also be available at 800-642-1687 Reference # 10416358.

<snip>


The Knot, Inc.
Consolidated Balance Sheets
(in thousands)

June 30, December 31,
2007 2006
(Unaudited) (Audited)
----------- ------------

Current assets:
Cash and cash equivalents $44,737 $73,633
Short-term investments 50,857 7,000
Accounts receivable, net 11,663 9,743
Inventories 2,099 1,345
Deferred production and marketing
costs 394 584
Deferred tax assets, current portion 5,966 8,369
Other current assets 1,141 1,500
----------- ------------
Total current assets 116,857 102,174

Property and equipment, net 8,079 9,376

Intangible assets, net 32,832 34,015
Goodwill 33,280 33,854
Deferred tax assets 22,010 24,490
Other assets 290 342
----------- ------------
Total assets $213,348 $204,251
=========== ============

Liabilities and stockholders' equity
Current liabilities:
Accounts payable and accrued expenses $7,710 $7,661
Deferred revenue 11,821 10,497
Current portion of long-term debt 51 51
----------- ------------
Total current liabilities 19,582 18,209
Deferred tax liabilities 14,534 15,014
Long term debt 55 55
Other liabilities 500 548
----------- ------------
Total liabilities 34,671 33,826

Stockholders' equity:
Common stock 314 311
Additional paid-in-capital 190,764 188,909
Accumulated deficit (12,401) (18,795)
----------- ------------
Total stockholders' equity 178,677 170,425
----------- ------------
Total liabilities and stockholders' equity $213,348 $204,251
=========== ============

The Knot, Inc.
Consolidated Statements of Operations
(in thousands, except per share amounts)

Three months ended Six months ended
June 30, June 30,
----------------------- -----------------------
2007 2006 2007 2006
----------- ----------- ----------- -----------
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Net revenues:
Online sponsorship and
advertising $12,521 $8,354 $23,298 $16,153
Registry Services 3,356 84 5,117 143
Merchandise 6,500 4,813 11,130 7,892
Publishing and other 6,109 4,478 9,970 8,292
----------- ----------- ----------- -----------
Total net revenues 28,486 17,729 49,515 32,480

Cost of revenues 5,651 4,058 9,667 7,187
----------- ----------- ----------- -----------

Gross profit 22,835 13,671 39,848 25,293

Operating expenses:
Product and content
development 3,306 1,828 6,450 3,613
Sales and marketing 6,447 4,368 12,337 9,083
General and
administrative 3,987 3,326 8,072 6,588
Depreciation and
amortization 2,198 453 4,306 825
----------- ----------- ----------- -----------
Total operating
expenses 15,938 9,975 31,165 20,109

Income from operations 6,897 3,696 8,683 5,184

Interest and other
income, net 1,236 363 2,223 663
----------- ----------- ----------- -----------

Income before income
taxes $8,133 $4,059 $10,906 $5,847

Provision for income
taxes 3,373 173 4,512 276

Net income $4,760 $3,886 $6,394 $5,571
=========== =========== =========== ===========

Basic earnings per
share $0.15 $0.17 $0.21 $0.24
=========== =========== =========== ===========
Diluted earnings per
share $0.15 $0.15 $0.19 $0.22
=========== =========== =========== ===========

Weighted average
number of common
shares outstanding
Basic 30,898,378 23,173,216 30,855,336 23,129,238
=========== =========== =========== ===========
Diluted 32,759,935 25,783,965 32,795,590 25,681,506
=========== =========== =========== ===========


Note: Certain prior year amounts have been reclassified to conform to the current year's presentation.

Contact:
VMW Corporate & Investor Relations
Vicki Weiner/Sylvia Dresner
212-616-6161
info@vmwcom.com

--------------------------------------------------------------------------------

Source: The Knot, Inc.

biz.yahoo.com

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From: Glenn Petersen2/13/2008 5:26:55 PM
   of 133
 
KNOT has reported their fourth quarter and year end results. For the quarter, they beat the consensus EPS estimate by $.01, but fell short on the revenue side, coming in at $24.2 million versus the consensus estimate of $24.9 million.

The Knot Reports Fourth Quarter and 2007 Year End Financial Results

Wednesday February 13, 4:05 pm ET

-- Gains in All Revenue Streams Drive Revenue Growth of 36% in 2007

-- Conference Call Today at 4:30 p.m. ET Dial-In 800-638-7172 (ID#30519381)

NEW YORK--(BUSINESS WIRE)--The Knot, Inc. (NASDAQ: KNOT, www.theknot.com), a leading lifestage media company targeting couples planning their weddings and future lives together, today reported financial results for its fourth quarter and twelve months ended December 31, 2007.

2007 Financial Performance

For the year ended December 31, 2007, The Knot's net revenue rose to $98.7 million, an increase of 36% from $72.7 million in 2006. Revenue from national and local online advertising programs increased 34% over the prior year. Merchandise revenue from the sale of wedding supplies grew 29% while publishing and other revenue increased 8%. Registry services revenue, which is derived substantially through the WeddingChannel business that was acquired in September 2006, was $10.9 million in 2007.

Income before income taxes increased to $20.7 million for 2007 compared to $14.1 million in 2006. Net income for 2007 was $11.9 million, or $0.38 per basic and $0.36 per diluted share, as compared to $23.4 million, or $0.90 per basic and $0.82 per diluted share in 2006. The results for 2006 included a non-cash income tax benefit of approximately $9.4 million related to the recognition of a deferred tax asset with respect to certain of The Knot’s net operating loss carry-forwards as well as other income of $1.2 million resulting from the settlement of a legal action. 2007 results reflect a provision for income taxes of $8.8 million.

"Our multi platform media model, combined with our strong member base, continued to produce healthy revenue gains in 2007," said David Liu, CEO of the Knot. "Our progress in non-wedding related advertising categories demonstrates the growing recognition of the buying power of our audience during key lifestages from engagement through first pregnancy."

Fourth Quarter 2007 Results

For the fourth quarter of 2007, The Knot reported net revenue of $24.2 million and net income of $2.6 million, or $0.08 per basic and diluted shares compared to net revenue of $21.7 million and net income of $14.6 million, or $0.48 per basic and $0.45 per diluted share in the corresponding period in 2006. The results for the fourth quarter of 2006 include the non-cash income tax benefit and the gain from the settlement of a legal action noted previously.

"In 2008 we will continue to invest in our product and infrastructure to support our commitment to maintaining a leadership position in a rapidly changing media environment,” Mr. Liu said. “During this phase we expect that revenue growth will be in the mid teens. We believe that the management and technology infrastructure we are investing in today will provide important growth potential for many years to come."

Fourth Quarter and Full Year 2007 Financial Highlights:

-- National online revenues were $5.5 million and $18.4 million for the three and 12 months ended December 31, 2007, respectively, as compared to $4.3 million and $13.6 million for the corresponding periods in 2006.

-- Local online revenues were $7.9 million and $30.6 million for the three and 12 months ended December 31, 2007, respectively, as compared to $6.7 million and $23.0 million for the corresponding periods in 2006.

-- Gross profit margins for the 12 months ended December 31, 2007 were 82% as compared to 79% in 2006.

-- Stock-based compensation expense was $707,000 and $2.4 million for the three and twelve months ended December 31, 2007, respectively, as compared to $467,000 and $1.5 million for the corresponding periods in 2006.

-- Net cash provided by operating activities was $27.4 million for the 12 months ended December 31, 2007, while capital expenditures amounted to $3.9 million for the same period.

Recent Highlights:

The second branded segment of our strategic partnership with Style Network entitled, “My Destination Wedding with The Knot,” aired in December of 2007. This new spin-off showcased a multi-cultural destination wedding, planned by The Knot’s editor in chief, Carley Roney.

Conference Call and Replay Information

The Knot will host a conference call with investors at 4:30 p.m. ET on Wednesday, February 13, 2008 to discuss its fourth quarter and full year 2007 financial results. Participants should dial in 800-638-7172 Reference # 30519381 at least 10 minutes before the call is scheduled to begin. Participants can also access the live broadcast over the Internet on the Investor Relations section of The Knot Web site, accessible at www.theknot.com/investor-relations. To access the webcast, participants should visit The Knot website at least 15 minutes prior to the conference call in order to download or install any necessary audio software.

A replay of the webcast will also be archived on The Knot website approximately two hours after the conference call ends for a period of two weeks and will also be available at 800-642-1687 Reference #30519381.

<snip>

The full financial statements can be found at:

biz.yahoo.com

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From: Glenn Petersen3/1/2008 5:08:55 PM
   of 133
 
KNOT strengthens its position in the baby market:

The Knot Inc. Acquires ``The Bump'' and Expands Position in the Baby Market

Thursday February 28, 12:23 pm ET

Lifestage Media Company Increases Its Offerings to First-Time Parents and Local Baby and Maternity Advertisers with New Product

NEW YORK--(BUSINESS WIRE)--The Knot Inc. (NASDAQ:KNOT - News), one of the world's leading lifestage media companies, reported today it has acquired The Bump Media Inc., publisher of The Bump local magazine and website dedicated to pregnancy and first-time parents. The acquisition further enhances The Knot Inc.’s mission of helping couples at key lifestages connect with the content and services they need. This addition also provides the baby and maternity advertisers in The Knot local network an increased opportunity to reach this important market.

The Bump local magazines are detailed guides to the local maternity and baby scene in 11 top tier markets: Los Angeles, New York, Orange County, San Diego, Phoenix, Denver, Houston, Dallas, Atlanta, Seattle, and Portland. These convenient, digest-size publications are included in the prenatal packs that are provided to expecting moms at over 750 premier OB/GYNs and 100 high-end retail outlets across the country.

“The Bump is the perfect complement to our already robust online baby and pregnancy offerings at TheNestBaby.com,” said David Liu, CEO The Knot. “There is a significant barrier of entry to distributing materials through OB/GYN offices. The Bump’s already established relationship with this trusted resource lends credibility to the brand and a unique ability to connect with this consumer at their earliest stage of pregnancy.”

“We are thrilled to become a member of such an innovative media company as The Knot,” said Kara Forney founder and CEO of The Bump Media Inc. “As the go-to local guide for expectant and new moms, The Bump fits perfectly into The Knot’s suite of lifestage brands. With an incredibly deep relationship with young couples, The Knot partnership enables The Bump to reach even more expectant and new moms through the thousands of members of The Nest and TheNestBaby.com.”

<snip>

biz.yahoo.com

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To: Glenn Petersen who wrote (122)6/22/2008 9:07:34 AM
From: Tom Caruthers
   of 133
 
Glenn,

I have been following KNOT since selling it. Now it's at $11 and looking like it will move quickly soon - though the direction is unclear. I am at a quandary.

On one hand, I would like to think the stock will go up - the market cap is very reasonable and with MSFT not buying Yahoo, it means that some of these other internet stocks are in play.

On the other hand, KNOT has not been performing well from an operational standpoint, has said that 2008 is a transitional year, the market in general looks weak, and KNOT should be due for a last leg down. If you follow TA theory, this point in the chart is when most long investors get faked out and the stock drops some more.

I am going to watch it for now.

Tom

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To: Tom Caruthers who wrote (123)8/9/2008 4:05:21 PM
From: Glenn Petersen
   of 133
 
Tom,

KNOT may not bottom out until after the tax selling season. They had another disappointing quarter and the stock traded as low as $6.58 yesterday, down $2.26. It subsequently recovered and closed at $8.22. Unfortunately, I was out-of-pocket most of the day, otherwise I would have tried to take advantage of the sell-off.

They are still sitting on $110 million in cash and long-term investments.

I don't know where the bottom is.

The second quarter press release:

biz.yahoo.com

The two-year chart:

finance.yahoo.com

Regards,

Glenn

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