The net loss for the quarter was $42.1 million, or 36 cents per share, compared to a net loss of $26.9 million during the same period last year and $91.4 million for the March 2001 quarter. Revenues were just under $12 million for the quarter, compared to $18.7 million last year during this time.
The company, which announced in June it would merge with Juno to become wholly-owned subsidiaries of United Online, also laid off 26% of its employees Aug. 1. -- Adrienne Mand
Copyright August 2001, Crain Communications Inc.