NBC Internet sees 4Q revenue of $27.3M

Larry Dignan

NBC Internet Inc. (Nasdaq: NBCI) said Monday that its fourth quarter pro forma revenue would be about $27.3 million, up 38 percent from the third quarter. The company, however, didn't give any guidance for its bottom line.

NBCi reports earnings Jan. 27 after the bell. First Call consensus calls for a loss of $1.96 a share.

The earnings will be the first for NBCi as a combined company. NBCi launched Nov. 31. The pro forma report will combine results from Xoom.com, Snap.com, NBC.com, NBC Interactive Neighborhood and VideoSeeker, as if they had been combined for the entire period from October 1, 1999 through December 31, 1999.

NBCi's quarterly report may be closely watched for traditional media and Internet synergy. Since the NBCi deal closed, America Online (NYSE: AOL) merged with Time Warner (NYSE: TWX) in a move that could capitalize on broadband and media convergence.

NBCi will also have to quell comparisons to Disney's Go.com venture (NYSE: DIS, GO), which hasn't been hot on Wall Street.

On its earnings conference call, NBCi could elaborate on future plans and the current competitive landscape.

The four brokers that cover NBCi rate it a "buy" or higher.

Related Links:
NBCi deal closes, shares slip
Will Wall Street yawn over NBCi?
NBCi lacks crown jewels, has fuzzy financials
NBCI estimates
Earnings calendar
Market Summary