Samsung Unpacked Livestream Wednesday New Wordle Strategy Nest vs. Ecobee Thermostat Best Deals Under $25 Fitness Supplements Laptops for High School Samsung QLED vs. LG OLED TV Samsung Unpacked Predictions
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept
Tech Tech Industry

Short Take: CDNow falls short of analyst expectations

CDNow missed analysts' estimates, posting a quarterly net loss of $9.2 million, or 78 cents a share. Two analysts had predicted that the company would report losses of 67 cents per share. The Internet music retailer posted a $544,000 net loss for the same period a year ago. CDNow's revenues came in at $10 million, a 288 percent increase over the year-ago quarter, which ended March 31.
CDNow missed analysts' estimates, posting a quarterly net loss of $9.2 million, or 78 cents a share. Two analysts had predicted that the company would report losses of 67 cents per share. The Internet music retailer posted a $544,000 net loss for the same period a year ago. CDNow's revenues came in at $10 million, a 288 percent increase over the year-ago quarter, which ended March 31.