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Wednesday, October 27, 2004
Ask Jeeves Reports 178.5% Growth, And Things Couldn't Be Worse
Ask Jeeves reported its quarterly earnings today, meeting analysts expectations with 178.5% year-over-year growth. Revenues grew from $27.2 million to $75.7 million, topping estimates slightly, although the fourth quarter revenue guidance of $86 million is $1.7 million lower than expected. Still, despite the large percentage growth numbers, Ask stock fell 15% in after hours trading. Why? My guess, and this is pure speculation, that stockholders compared Jeeves $75.7 million to Google's $805.9 million, and decided it just wasn't worth it.
Oh, and congratulations to the Boston Red Sox!
- posted by Nathan Weinberg @ 10/27/2004 11:40:00 PM
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Just looking though my RSS feeds and noticed the comment about the SOX.. w00t. It is pretty loud here in MA, no sleep tonight. Go Google.. and the Red Sox! Maybe even Google the Red Sox...
# posted by 
: 1:51 AM
: 1:51 AM
Congrats! It's great to see the long-suffering, yet loyal and devoted Sox fans get their time to shine. I may be from New York, but I was rooting for Boston throughout the playoffs, because I'm a Mets fan. We'll have our day eventually, but this year was a good one, since I got to see the Yankees get it handed to them and a more deserving team take home the crown.
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