said Tuesday it will delay its fourth-quarter and full-year 2000 earnings announcement while it finds ways to improve its cash flow.
The earnings release, scheduled for Feb. 26, will now be on March 21, the company said.
24/7, which provides advertising and marketing services for Web publishers and advertisers, said it is evaluating alternatives to improve its cash position, and the delay will allow it to give a more definitive outlook for 2001.
In November, 24/7 Media reported
disappointing third-quarter earnings and
laid off 200 employees.
Shares of 24/7 Media, which is based in New York, dropped 16 cents, or 13%, to $1.03 in recent