InfoSpace (INSP) shares are down sharply following the company’s Q1 financial report.
For the quarter, INSP posted revenue of $61.8 million and profits of 4 cents a share, right in line with estimates.
For Q2, the provider of Internet metasearch services like Dogpile.com sees revenue of $51 million to $55 million, down sequentially and well below the Street at $62.4 million, but with profits of 7-9 cents a share, above the Street at 5 cents.
INSP is down 73 cents, or 7.1%, to $9.62.
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