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InfoSpace (INSP: news, msgs) added 38 cents to $20.69, after trading as high as $23.19 earlier. InfoSpace reported a third-quarter profit of 3 cents a share on revenue of $57.7 million, besting expectations laid out in mid-September. Wireless revenue, a major growth driver, came in higher than some estimates. More than 10 percent of that revenue came from InfoSpace`s wireless unit. W.R. Hambrecht analyst Peter Friedland expected that only 5 percent of revenue would come from the wireless division. Moreover, executives on the post-earnings conference call guided fourth-quarter revenue and earnings higher. They also said that they`d exceed prior projections calling for 1 million wireless Internet subscribers by the end of this year. ---------- Yours digitally KiKo |
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| aus der Diskussion: | ** INFOSPACE ** INSP 917694 Research Teil1; Start 2.9.00 |
| Autor (Datum des Eintrages): | KiKo (26.10.00 23:54:25) |
| Beitrag: | 21 von 41 (ID:2191063) |
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