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RAZORFISH POSTS FIRST-EVER LOSS:
Razorfish, the New York-based i-shop that laid off 400 people earlier this
week, posted its first-ever loss on Thursday, showing a fourth-quarter pro
forma loss of $19.8 million, or 20 cents per share. Meanwhile,
fourth-qu arter sales were also down 5 percent against a year ago at $50.1
million.
In December, Razorfish warned of an expected pro forma loss ranging 17
cents to 22 cents for the year’s final three months. According to First
Call/Thomson Financial, analysts took to the center, foreseeing a 20 cents
per share loss.
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