said fourth-quarter revenue will be between $2.3 million and $2.5 million, and indicated that it will report a wider loss than analysts' were expecting.
The Internet infrastructure company expects to lose 35 cents to 38 cents a share, before noncash compensation, amortization of intangible assets, depreciation and related expenses. Three analysts surveyed by
First Call/Thomson Financial
expect N2H2 to lose 32 cents a share for the fourth quarter ended Sept. 30. The company lost 20 cents a share in the year-ago period.
The company plans to report results for the fourth quarter and year in November. N2H2 said it increased productivity, reduced staff by 76 employees and reduced marketing costs in August and September. The company expects to see the results of the reductions in the next quarter.