reported fourth-quarter earnings today that beat Wall Street's slightly lowered estimates by 3 cents, as revenue more than doubled from the year-ago period.
For the fourth quarter ended Dec. 31, InfoSpace earned $12.6 million, or 4 cents a share, up from last year's fourth-quarter loss of $7.8 million, or 3 cents a share, excluding noncash charges and other items in both periods. Twenty analysts surveyed by
First Call/Thomson Financial
expected the company, which is based in Bellevue, Wash., to earn a penny a share in the latest fourth quarter.
The company, a provider of cross-platform merchant and consumer infrastructure services, also posted fourth-quarter revenue of $66.1 million, up from $29.4 million for the same period one year ago.