Razorfish Expects 4Q Loss

Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.

NEW YORK — Razorfish Inc. expects to report a drop in fourth-quarter revenue and post a surprise loss for the quarter, saying companies have become “more deliberate” about investments in technology because of economic trends.The Web-design and consulting firm said late Tuesday it expects revenue to come in at about $50 million, down from $52.1 million in the year-earlier quarter. As a result, the company said it expects to report a loss, excluding noncash and nonrecurring items, of 17 cents to 22 cents a share.The

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in