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Short Take: Shopping.com losses increase

Shopping.com said in a regulatory filing that its net loss for the quarter ended April 30 is expected to come in at $4.7 million, compared with $347,408 reported for the like quarter a year ago. It said the "significant increase" in net loss is due to the company being "fully operational in 1998 whereas it was a development-stage company" in the year-ago period.

Shopping.com said in a regulatory filing that its net loss for the quarter ended April 30 is expected to come in at $4.7 million, compared with $347,408 reported for the like quarter a year ago. It said the "significant increase" in net loss is due to the company being "fully operational in 1998 whereas it was a development-stage company" in the year-ago period.