reports 4Q loss

BEIJING (AP) " Inc. on Tuesday reported a loss of $65.9 million in its fourth quarter.

On a per-share basis, the Beijing-based company said it had a loss of $1.71. Losses, adjusted for stock option gains, came to $1.79 per share.

The operator of a popular Chinese Web portal posted revenue of $411.8 million in the period.

For the year, the company reported that its loss widened to $224 million, or $5.83 per share. Revenue was reported as $1.65 billion.

For the current quarter ending in April, expects its results to range from a loss of $1.80 per share to a loss of $1.55 per share.

The company said it expects revenue in the range of $345 million to $375 million for the fiscal first quarter. shares have risen 16 percent since the beginning of the year. The stock has fallen 12 percent in the last 12 months.


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Keywords:, Earnings Report

This story has been automatically published from the Associated Press wire which uses US spellings

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