Entering text into the input field will update the search result below

Looksmart's Q4 Revenues impacted by The Yahoo!-Bing Search Alliance integration

Jan. 13, 2011 2:24 AM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
#.. .Despite the fact that the company saw disruptions associated with the YHOO/BING merger, the company reported that they are still going to be break-even to slightly profitable this quarter, which is much better than past years when the stock was at significantly higher prices...#

Still likely profitable - great CEO

And I agree with much of the above poster's sentiment.

In fact the Co (Looksmart) expects net income for the fourth quarter to be in the range of $0.0 million to $0.1 million or $0.00 to $0.01 per share, compared to a net loss of $0.9 million or $0.05 per share in the fourth quarter last year.

And in spite of the "news" when (in relation to any decrease in the company's revenues), it was explained that ......

"Yahoo! partners are our largest customer group, and all partners were affected by significantly lower revenue-per-click (RPC) following the integration that led to reduced payments and consequently lower revenues to LookSmart."

It's quite clear to me that some dopes will NEVER learn!!!

Where did "Yahoo! Partners" go? (Dramatic Impression Decrease Reason)



I mean ...... We ARE talking of Microsoft, Yahoo and the YHOO/BING merger as having significantly affected Looksmart's Q4 revenues here Folks !!!

We are also talking about the ONLY uniquely independent global (secondary) advertiser/publisher marketplace that's proven to have been (being) built to enormous scale & of a Co trimming unwanted 'fat' (and thereby further reducing it's operating costs), from it's long term requirements. And all that, is bad?

OMG !!

LOOK: Jan 12: $1.97  Down 0.06 (-2.96%)


Disclosure: Long LOOK and happy to be so.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.