Wall St. expected Answers (ANSW) revenue to be up 21% to $2.25 million. The EPS loss was expected to be ($.13), worse than the ($.07) last year.
The results were a bit off. Revenues were $2,2 million in Q3 2007, an increase of 19% compared to the same period in 2006,
GAAP net loss in Q3 2007 was $1.950 million, an increase of $769 thousand compared to the same period in 2006. GAAP net loss per share in Q3 2007 was $0.25, compared to $0.15 in the same period in 2006.
The company expects revenue of about $3 million in Q4 and a GAAP loss of about $1 million.
Another big disappointment for Answers.
Douglas A. McIntyre
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