said it expects losses for the fourth quarter will be wider than Wall Street's forecasts.
The Internet consulting firm said Thursday it expects to lose 6 cents to 8 cents a share for the period, substantially off the 7-cent-per-share profit it earned in the year-ago period. Fifteen analysts polled by
First Call/Thomson Financial
expect the company to lose 4 cents a share for the quarter.
The company also said it expects to incur a $5 million to $7 million restructuring charge during the period.
Viant said revenue would be between $27 million and $28 million for the quarter. Analysts were forecasting revenue of $31.9 million.
Shares of Viant fell 9 cents, or 2.7%, to $3.44 cents during regular-session
trading, but fell to $3.19 in recent after-hours