DALLAS, July 21, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Quepasa Corp. (AMEX:QPSA). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/QPSA
Quepasa Corp. (QPSA) is a social media technology company which owns Quepasa.com, an online social network and game platform for the Latino community, Quepasa Games, a cross platform social game development studio, and Quepasa DSM, a cross platform social advertising and contest platform.
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In the report, the analyst notes:
"Shares of QPSA jumped as much as 29.2% in Wednesday's trading after the Company said it has executed a definitive agreement to merge with Insider Guides, DBA myYearbook, for $100 million.
"QPSA reported revenues of $2.2 million for the first quarter ended March 31, 2011, nearly 600% up from $322,000 reported in the comparable quarter of 2010, and up 21% from $1.9 million posted in the fourth quarter of 2010."
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