Jupiter Media Metrix
reported third-quarter results that were in line with Wall Street's estimates.
For the quarter, the company, excluding amortization, lost $1.7 million, or 8 cents a share, compared with a loss of $1.3 million, or 8 cents a share, for the year-ago period. Analysts expected the company to lose 8 cents a share, according to
First Call/Thomson Financial
Revenue for the third quarter rose to $16.5 million from $5.5 million for the same period in 1999. Reported revenue reflects the Media Metrix results though Sept. 30 combined with Jupiter Communications results from Sept. 21 through Sept. 30. The companies completed their merger on Sept. 20.
Jupiter Media Metrix, which provides Internet measurement, analysis and other services, reported pro forma revenue for the third quarter, reflecting full quarterly results for both Jupiter and Media Metrix, of $38.6 million.