Wall Street

Online Stock Market Trading By Dave Porter

Second Quarter 2004 ( Alone Basis) alone basis, Ask Jeeves anticipates revenues of $38 million and pro forma income of approximately $10 million, or $0.17 per share. Ask Jeeves anticipates that GAAP net income will be $0.16 per share. basis net income and pro forma income of approximately $0.01 per share is expected to result primarily from amortization of other assets. alone earnings per share forecast assumes a share count of 60 million shares.

Stock Investing Course Ask Jeeves reported net income of 25 cents per share for the fourth quarter, compared to 13 cents last year, though its shares fell on the news.

While Wall Street's concern over foreign oil prices loom on the edge of winter's demands for heating oil, domestic companies are profiting.

Stock Market Game If you would like to receive late breaking news on technologies covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page

About Ask Jeeves, Inc. Ask Jeeves, Inc. wide search, providing consumers with authoritative and fast ways to find relevant information to their everyday searches. Ask Jeeves deploys its search technologies on Ask Jeeves (Ask.com and Ask.co.uk), Teoma.com, and Ask Jeeves for Kids (AJKids.com). In addition to its Web sites, party web sites. Ask Jeeves is based in Emeryville, California, with offices in New York, Boston, New Jersey, Los Angeles, London and Dublin.

Stock Investing Game Feb 3, 2005 (AXcess News) Oakland CA - Ask Jeeves (Nasdaq: ASKJ) reported net income of $17.1 million, or 25 cents per share for the fourth quarter, compared to $7.6 million, or 13 cents last year, though its shares fell on the news.

Watch out for higher bank charges as high street banks try to restore their profits after various initiatives from the Office of Fair Trading (OFT), warns Moneynet.co.uk.

Journal Prime Rate Street Wall The small web search company reported sales of $86.1 million, triple the sales figure reported last year at that time. The increase came from improved ad revenues and its acquisition of Interactive Search Holdings Inc. that doubled Ask Jeeves' size.

Under GAAP, Ask Jeeves' income from continuing operations for the first quarter of 2004 was $13.4 million, or $0.23 per share. This compares to income from continuing operations on a GAAP basis of $8.5 million, or $0.17 per share, ago quarter. In the year ago quarter our GAAP results were positively impacted by $0. time gain. A table reconciling the Company's pro forma income from continuing operations to GAAP income from continuing operations is included in the condensed consolidated financial statements in this release. Unless otherwise indicated, revenues and other metrics in this release are based on Ask Jeeves' continuing operations. Ask Jeeves completed the sale of its Jeeves Solutions division on July 1, 2003.

Stock Market News The street had estimated Ask Jeeves revenue for the fourth quarter to be $86.7 million and earnings of 25 cents. A close call by analysts, which may be why its shares traded down over 3 percent, but it managed to collect itself and close down 35 cents, or 1.28%, to finish the session at $26.94.

Stock Investing Basics Its larger peer, Google (Nasdaq: GOOG), reported better than expected results which could have added to Ask Jeeves' investor disappointment Thursday.

Stock Investing Software Google's web search business grew 28 percent for the fourth quarter while Yahoo! (Nasdaq: YHOO) grew 17 percent and Ask Jeeves only achieved 16 percent.

Stock Market Trading Analysts said that the global search market grew 24 percent from the third to fourth quarters of 2004 to come in at $1.8 billion.

Stock Investing For Dummy While Google was the clear leader in search, Ask Jeeves can't complain, as 70 percent of its revenue came from Google.AdvertisementAsk Jeeves estimates its 2005 revenue to come in at between $380 million to $395 million and earnings, excluding items, of $1.30 to $1.45 per share. Those estimates were in line with analysts expectations.The company has been quiet about its international business launch, which has yet to occur. That action could be slow in coming due to its revenue dependence on Google. And with MSN now elbowing into an already crowded room competition is apt to increase even more.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

[ Comment, Edit or Article Submission ]