Investools Inc. Reports a Bigger Loss in 2004
Deseret News (Salt Lake City) › March 17, 2005
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Summary
Salt Lake-based InvesTools Inc. on Wednesday reported a net loss of $12 million, or 27 cents per share, for 2004. That compares with a loss of $7.3 million, or 17 cents per share, in 2003. Revenues were a company-record $96.9 million, up from $69.8 million.
The company said the 2004 loss was affected by the net increase of $25.7 million of deferred revenue that will be recognized in future quarters. The fourth quarter featured a net loss of $7 million on revenues of $24.7 million. The year-earlier quarter had revenues of $23.9 million.See the full content of this document
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Investools Inc. Reports a Bigger Loss in 2004
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