InfoSpace Reports Profit Instead of Expected Loss - TheStreet

InfoSpace Reports Profit Instead of Expected Loss

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InfoSpace

(INSP) - Get Report

said its third-quarter earnings excluding certain items reached 3 cents a share, much better than Wall Street expected.

Analysts anticipated that the company would post a loss of 1 cent a share, according to

First Call/Thomson Financial

. InfoSpace, which provides merchant and consumer infrastructure services on wireless, broadband, and narrowband platforms, earned $9.5 million in the quarter, compared with $2.9 million, or 1 cent a share, a year earlier.

The company said revenue climbed to $57.7 million from $19.9 million a year earlier.