Harris Interactive® Reports First Quarter Fiscal 2011 Results: Loss of $0.02 Per Share

Harris Interactive Inc. (Nasdaq: HPOL), a leading innovative global market research firm, today announced its first quarter fiscal 2011 financial results. Kimberly Till, President and Chief Executive Officer of Harris Interactive, said, "While our first quarter is traditionally weak, as there is generally less activity in our industry during the summer months, we were pleased to see that our bookings were up 8% compared with last year's first quarter, excluding the impact of foreign exchange rate differences. Despite the 5% decline in revenue compared with last year's first quarter, which was driven in large part by the tracking studies we lost during fiscal 2010, we expect that this quarter's increased bookings will convert to revenue in the coming quarters and start to build a base from which we can achieve revenue growth for the full fiscal year."