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Short Take: MindSpring posts in line fourth quarter profit

MindSpring Enterprises posted a fourth-quarter profit in line with Wall Street expectations. Excluding a tax-related gain, the Internet service provider earned $1.9 million, or 7 cents a share, compared with $498,000, or 2 cents a share, for the like quarter a year ago. Financial analysts predicted the company would earn 7 cents a share, according to First Call. Quarterly revenue rose to $39.5 million from $17.2 million last year. MindSpring has 693,000 customers.

MindSpring Enterprises posted a fourth-quarter profit in line with Wall Street expectations. Excluding a tax-related gain, the Internet service provider earned $1.9 million, or 7 cents a share, compared with $498,000, or 2 cents a share, for the like quarter a year ago. Financial analysts predicted the company would earn 7 cents a share, according to First Call. Quarterly revenue rose to $39.5 million from $17.2 million last year. MindSpring has 693,000 customers.