Earnings: iVillage Still in Net Loss; Revenues Increase
By Rafat Ali - Tue 02 Aug 2005 01:10 PM PST
iVillage, the woman-focused portal company, reported a Q2 net loss of $0.3 million, compared to net income of $0.1 million in the year-ago quarter. Included in the second quarter 2005 net loss is $1.1 million in amortization related to acquisitions of Healthology, HealthCentersOnline, Inc. and iVillage UK Limited assets.
Revenues totaled $21.1 million, a 28% increase compared to revenues of $16.5 million in the year-ago quarter.
For Q3, iVillage expects to generate revenues between $22.0 million and $23.0 million. It expects to report net income of $1.5 million to $2.5 million.
Posted in: Money, Earnings, NBC Universal, IVIL
