Answers Corp. (ANSW) Reports Q2 GAAP Loss of $0.59; Guides Q3/FY08 Sales
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Answers Corporation (NASDAQ: ANSW) reports a Q2 GAAP loss of $0.59, which may not compare to the analyst estimate of ($0.11). Revenues for the quarter were $3 million, versus the consensus of $2.75 million.
Sees Q3 sales in the range of $2.75-$2.9 million, versus the consensus of $3.29 million. For FY08, Answers expects to report revs of $12.25-$13 million, versus the analyst estimate of $13.22 million.
Answers Corporation, together with its subsidiary, GuruNet Israel, Ltd., operates as an online answer engine.
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