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Short Take: GeoCities posts first earnings since IPO

Online community GeoCities reported a less-than-expected third-quarter loss in its first earnings statement since going public in August. The company posted a net loss of $4.1 million, or 14 cents a share, compared with a net loss of $2.3 million, or 12 cents a share, for the like period a year ago. Wall Street predicted the company would lose 24 cents a share, according to First Call. Quarterly revenue rose to $5.3 million from $1.3 million last year.

Online community GeoCities reported a less-than-expected third-quarter loss in its first earnings statement since going public in August. The company posted a net loss of $4.1 million, or 14 cents a share, compared with a net loss of $2.3 million, or 12 cents a share, for the like period a year ago. Wall Street predicted the company would lose 24 cents a share, according to First Call. Quarterly revenue rose to $5.3 million from $1.3 million last year.