Razorfish Drops 36% on Earnings Shortfall; Considers Restructuring - TheStreet

Razorfish

(RAZF)

was down 36.3% in preopen

Island

trading after it warned that third-quarter earnings would be just 1 to 4 cents a share, well short of the

First Call/Thomson Financial

consensus of 8 cents.

The Internet consulting company blamed a seasonal downturn in Europe and the strong dollar. The company said it is reviewing its management and cost structure.