Blucora, Inc. (BCOR)

[rudy-carter]

InfoSpace posts higher qtrly profit aided by gain (1/25/2006)

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stock up .64 today and up 1.89 AH
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Wed Jan 25, 2006 04:18 PM ET
SAN FRANCISCO, Jan 25 (Reuters) - InfoSpace Inc. (INSP.O: Quote, Profile, Research) , a supplier of Web search for computers and mobile phones, on Wednesday reported a higher quarterly net profit, thanks to a tax-related gain.
Net income for the fourth quarter rose to $37.9 million, or $1.13 per diluted share, from $18.9 million, or 50 cents per diluted share, in the year-ago period.

Revenue rose 8.5 percent to $86.5 million.

Excluding the tax benefit of $25 million, or 74 cents per share, the latest quarterly net profit was $12.9 million or 39 cents per diluted shares, the company said in a statement


http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh35432_2006-01-25_21-18-58_wen....