The Bellevue, Wash., company made $3 million, or 9 cents a share, for the quarter ended March 31, down from the year-ago lawsuit-gain-driven profit of $94 million, or $2.52 a share. Revenue rose 4% from a year ago to $90 million.
Analysts were looking for a nickel-a-share profit on sales of $87 million.
For the second quarter, the company expects to lose 8 cents a share or so on sales of $91 million. Analysts were looking once again for a nickel-a-share profit on sales of $87 million.
Late Wednesday, InfoSpace rose 41 cents to $27.60.