Visual Data posted a wider-than-expected loss in its fourth quarter Tuesday, dropping $3.4 million, or 40 cents a share, on sales of $1.16 million.
First Call Corp. consensus expected the creator of original broadband content for the Internet to lose 38 cents a share in the quarter.
Visual Data (Nasdaq: VDAT) shares closed up 3 cents to $1.13 ahead of the earnings report.
For the fiscal year, it posted a loss of $11.4 million, or $1.35 a share, on sales of $5.87 million compared to a loss of $7.16 million, or $1.20 a share, on sales of $4.46 million.
The stock moved up to a 52-week high of $14.50 in February before slumping to a low of $1 a share in December.
The two analysts following the stock rate it a “buy.”
Analysts are expecting a loss of $1.34 a share in fiscal 2001.
Facebook wants to show good amid scandals: The social network updates its tools for blood donations, nonprofits and mentorships.
Everything Apple announced: What we know about Apple's TV content and service, credit card, game subscription service and more.
Discuss: Visual Data misses 4Q targets
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.