Juno 2013 Annual Report Download - page 53

Table of Contents
Year Ended December 31, 2013 compared to Year Ended December 31, 2012
Consolidated Results
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The decrease in consolidated revenues was primarily due to a $19.6 million decrease in revenues from our Content & Media segment and a
$4.6 million decrease in revenues from our Communications segment.
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The decrease in consolidated cost of revenues was primarily due to a $4.2 million decrease in cost of revenues associated with our Content &
Media segment, partially offset by a $1.4 million increase in depreciation and amortization expense.
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The decrease in consolidated sales and marketing expenses was due to an $8.6 million decrease in sales and marketing expenses associated with
our Content & Media segment, a $1.6 million decrease in sales and marketing expenses associated with our Communications segment and a
$0.2 million decrease in depreciation expense.
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    
   
Revenues $ 233,614 $ 257,765 $ (24,151) (9)%
Revenues as a percentage of total segment revenues:
Content & Media 57.0% 59.3%
Communications 43.0% 40.7%
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    
   
Cost of revenues $ 75,480 $ 78,229 $ (2,749) (4)%
Cost of revenues as a percentage of total segment cost of revenues:
Content & Media 48.4% 51.5%
Communications 51.6% 48.5%
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    
   
Sales and marketing $ 57,066 $ 67,488 $ (10,422) (15)%
Sales and marketing expenses as a percentage of total segment sales and
marketing expenses:
Content & Media 71.3% 73.3%
Communications 28.7% 26.7%