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Technology Stocks : LoopNet, Inc. (LOOP)
LOOP 0.980-0.5%12:56 PM EST

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To: Labrador who wrote (27)10/24/2007 9:44:42 PM
From: Glenn Petersen   of 49
 
LOOP's third quarter numbers beat the Street estimates:

4:37PM Loopnet beats by $0.02, beats on revs; guides Q4 EPS in-line, revs in-line; guides FY07 EPS above consensus, revs above consensus (LOOP) 21.92 -0.38 : Reports Q3 (Sep) earnings of $0.14 per share, $0.02 better than the Reuters Estimates consensus of $0.12; revenues rose 46.5% year/year to $18.6 mln vs the $17.9 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.11-0.12 vs. $0.12 consensus; sees Q4 revs of $18.9-19.1 mln vs. $18.78 mln consensus. Co issues upside guidance for FY07, sees EPS of $0.49-0.50 vs. $0.47 consensus; sees FY07 revs of $70.1-70.3 mln vs. $69.23 mln consensus.

The press release:

biz.yahoo.com
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