(Reuters) - The company also reported a profit in the first quarter
helped by a gain of $40.2 million on the sale of its 12.5
percent equity stake in Polo.com.
For the quarter, the company posted a profit of $34.4
million, or 80 cents a share, compared with a loss of $2.1
million, or 6 cents a share, a year ago. Revenue rose to $188.1
million from $178.7 million.
Read more at Reuters.com Mergers News
helped by a gain of $40.2 million on the sale of its 12.5
percent equity stake in Polo.com.
For the quarter, the company posted a profit of $34.4
million, or 80 cents a share, compared with a loss of $2.1
million, or 6 cents a share, a year ago. Revenue rose to $188.1
million from $178.7 million.
Read more at Reuters.com Mergers News
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