Internet company Lycos has posted a smaller than expected fourth quarter loss.
The company, which is one of the front runners in the Web portal race, reported a loss of $5.8 million, or 32 cents a share, compared with a loss of $575,352 or four cents a share for the same quarter last year.
Excluding one-time merger charges, Lycos would have posted a loss of $1.6 million or nine cents a share. The company is expected to announce a two for one stock split next week.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago