Ad management company 24/7 Media has rescheduled its earnings announcement for the fourth quarter of 2000. The financial announcement, which had been set for Feb. 26, is now postponed until March 21. The company said it needed the extra time to "evaluate strategic alternatives to improve its cash position." The firm has already laid off about 300 employees over the last few months and warned that it would miss its fourth-quarter earning estimates.
Copyright February 2001, Crain Communications Inc.