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NEW YORK — Razorfish reaffirmed its second-quarter guidance Tuesday.
The guidance, provided by Razorfish in April, projected that Q2 revenues before reimbursements for direct costs would reach $10.3 -11.3 million. The New York-based i-shop also said it anticipates pro forma net earnings, which exclude non-cash compensations, restructuring charges, impairment loss and amortization of intangibles, of $500,000-1 million for the quarter.
In the first quarter, Razorfish reported total revenues of $11.3 million and pro forma net income of $900,000, or a penny a share.
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