Stock Market Alert - CNET Up After Q4 Earnings

Posted on Wednesday 31 January 2007



Stock Market Alert - CNET had a strong day on Tuesday, trading up over 9% to close the regular session at $9.16 after the company reported their Q4 earnings, and issued their projections for Q1. The company earned 4 cents per share on revenues of $118.4 million dollars in Q4, with revenues coming in higher than anticipated. For Q1, the company said that it expects a loss of between 3-6 cents per share on revenues of $90-$94 million dollars, compared to estimates of a loss of 3 cents per share and revenues of $91.8 million dollars.



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