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Friday, May 06, 2005

MediaPost Publications Home of MediaDailyNews, MEDIA and OMMA Magazines:
"FindWhat Disappoints, Auditor Resigns
Friday, May 6, 2005 7:01 AM EST
SPONSORED LISTINGS PROVIDER FINDWHAT THURSDAY announced disappointing first-quarter profits of $3.2 million, or 10 cents per diluted share--down from $3.8 million, or 16 cents per diluted share, in the first quarter of 2004. The company also slashed its annual revenue forecast to between $175 million and $200 million, from $250 million to $270 million. Earlier this week, the company stated that outside auditor Ernst & Young would resign after FindWhat filed its first-quarter report. --Wendy Davis "

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