United Online, Inc. reported a net income increase of 10 percent in its financial performance for the quarter ending March 31. The Woodland Hills-based provider of consumer Internet and media services had a net income of $12.7 million or $0.20 per share on revenues of $127.3 million. For the same period in 2005, United Online had a net income of $11.5 million or $0.18 per share. The company lost 104,000 pay access accounts in the first three months of the year but added 6,000 Voice over Internet Protocol accounts in the same period, said Charles S. Hilliard, United Online’s chief financial officer. The first quarter results have the company off to a strong start, President and Chief Executive Officer Mark Goldston said. “Strong organic growth in content and media revenues and our recent acquisitions of MyPoints.com and Namesdatabase.com demonstrate our continued focus on diversification,” Goldston said. The company forecasts total revenues of between $130 million and $132 million for the second quarter.
