| Earnings Scorecard |
| Actual | Estimated* | Year-Ago |
| -$0.09 | -$0.12 | -$0.17
|
 |
Ticketmaster(TMCS Quote - Cramer on TMCS - Stock Picks) posted a narrower-than-expected fourth-quarter loss, as revenue rose 53% from the same period a year ago.
The Los Angeles company,
formerly known as
Ticketmaster Online-Citysearch, said it lost $4.7 million before interest, taxes, depreciation, amortization, merger and other transaction costs, compared with $13.4 million last year. Excluding amortization, merger costs and other expenses, the company lost 9 cents a share, compared with a loss of 17 cents a share a year ago. Nine analysts polled by
First Call/Thomson Financial expected a loss of 12 cents a share for the quarter.
Revenue for the quarter totaled $55.7 million, up from $36.4 million last year. Ticketmaster also said it was "well positioned" to expand into new areas beyond live-event ticketing.
The company's shares recently lost $1.25, or 9.7%, to $11.75 in composite trading on the
New York Stock Exchange.
Yi Ping Ho
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