NEW YORK: Medialink reported $3.2 million in revenues for its first quarter, which ended March 31, 2009, a 34.5% decrease from the $4.9 million it brought in during Q1 last year. The results were in line with the company's expectations, and its chief executive said that revenues were increasing, month-by-month this year.

“Revenue has increased each month of 2009 even in the face of the [economic] challenges,” said Laurence Moskowitz, chairman, president, and CEO of Medialink, during the earnings call this morning. ...