Earning Plays

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SourceForge Inc. reported late Tuesday third-quarter adjusted income from continuing operations of $107,000, or breakeven on a per-share basis, meeting the mean estimate of analysts polled by Thomson Reuters.

In the same period a year earlier, the company posted adjusted income from continuing operations of $2.1 million, or 3 cents a share.

SourceForge reported it swung to a net loss of $439,000, or a penny a share, from a net profit of $6.49 million, or 9 cents a share, last year.

Revenue for the period ended April 30 rose 15% to $11.8 million from last year's $10.3 million. Analysts had expected sales of $11.6 million for the quarter.

The stock of the Mountain View, Calif.-based operator of media and e-commerce Web sites closed the regular session at $1.68. Wanfeng Zhou wz/kh
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