Razorfish Posts Q3 Revenue Decline, Net Loss

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NEW YORK — Razorfish reported Thursday Q3 revenue declines of 10 percent over the second quarter of this year and 51 percent over the third quarter of last year.

The New York-based i-shop said revenues before reimbursements for direct costs fell to $9.4 million from $10.5 million in the second quarter and $19 million a year earlier.

Razorfish posted a net loss of $200,000 or four cents per share, versus a second-quarter net income of $300,000 or seven cents per share, and year-earlier net loss of $15 million or $4.40



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