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HolidayBuyer's Guide
Internet

Short Take: ZDNet misses analysts' estimates

Online publisher ZDNet, a unit of Ziff-Davis, reported a third-quarter loss of $741,000, or 1 cent a share, compared with pro forma profits of $212,000, or break even, last year. Wall Street expected a break-even quarter for the period just ended. Third-quarter revenues were $26.3 million, compared with pro forma revenues of $14.5 million last year.

Online publisher ZDNet, a unit of Ziff-Davis, reported a third-quarter loss of $741,000, or 1 cent a share, compared with pro forma profits of $212,000, or break even, last year. Wall Street expected a break-even quarter for the period just ended. Third-quarter revenues were $26.3 million, compared with pro forma revenues of $14.5 million last year.