Fernando Espuelas
Fernando Espuelas
Fernando Espuelasis an American entrepreneur, author, media personality and philanthropist...
ProfessionEntrepreneur
Date of Birth6 August 1966
exactly loss projected quarter second towards year
That was exactly as expected. When we did our IPO a year ago, we projected that second quarter of this year would be our peak. We will see now a narrowing of per-share loss in the subsequent quarters, going towards profitability.
built business internet latin markets strong work
We have a very strong brand, all over Latin America. We built our business in a vacuum. We had no competitors for two years. We were the only advertisers of the Internet in 18 markets for two years. So we have a very, very high-brand awareness. There is always work to be done, obviously, because this is a fast-moving business.
audience both breaking date fourth happen might momentum moving numbers quarter street target
Well the Street has our target date for breaking even at fourth quarter of 2002, and we think it might actually happen earlier. We have real momentum - both in our audience and in our monetization of that audience. So we can see the numbers moving in the right direction, very quickly.