I just pulled this from Charles Schwabb News...
I thought we had 7 cents a share (in the positive)...???
Can someone explain this to me...?
thanks
Steve M
*****The Article*****
Go2Net Reports Narrowed 3rd-Quarter Loss On Surge In Revenue
Dow Jones Online News, Wednesday, July 21, 1999 at 21:03
Go2Net Inc. - Seattle
3rd Quar June 30:
1999 1998 Revenue $5,726,004 $1,969,306 Net income a (566,946) b (1,363,623) Avg shrs (basic) 26,401,610 19,396,120 Avg shrs (diluted) 26,401,610 19,396,120 Shr earns (basic)
Net income a (4.07) b (.07) Shr earns (diluted)
Net income a (4.07) b (.07)
Figures in parentheses are losses.
a. Includes a one-time, non-cash preferred stock dividend of $107 million; stock compensation charge of about $883,000; and amortization of intangibles of $2.7 million. Excluding items, pro forma income is 12 cents a basic share and seven cents a diluted share.
b. Includes a stock compensation charge of about $88,000; impairment loss of about $398,000; and merger-related charges of about $715,000. Excluding items, pro forma loss is one cent a share.
Go2Net (GNET) provides Web services.
Copyright (c) 1999 Dow Jones & Company, Inc.
All Rights Reserved.
Companies or Securities discussed in this article:
Symbol Name
NASDAQ:GNET
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