Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

First Albany Downgrades InfoSpace

First Albany downgrades InfoSpace Inc. (INSP) to neutral from buy.

Analyst Jason Avilio says first-quarter results beat his estimates, with the mobile business clearly driving outperformance, and the search business coming in weaker than expected.

He was disappointed with second-quarter guidance of 2% to 5% sequential drop in revenues, particularly given the strong growth exhibited in the mobile data market. He says he's now less confident the company can achieve its full-year goals (which include a forecast of $1.75 to $1.95 earnings per share).

Avilio cuts his 41 cents second-quarter earnings per share on $91.5 million revenue estimate to 36 cents earnings per share on $84.9 million revenue, and his $1.84 2005 earnings per share on $388 million revenue to $1.79 earnings per share on $375 million revenue.

blog comments powered by Disqus