Summary:

Online-entertainment network eUniverse (Nasdaq:EUNI) reduced its earnings projections for its fiscal fourth quarter, citing the ongoing geop…

Online-entertainment network eUniverse (Nasdaq:EUNI) reduced its earnings projections for its fiscal fourth quarter, citing the ongoing geopolitical turmoil and higher-than-expected operating costs. It now expects Q4 revenue of $19 million to $21 million, down from the $23 million it forecast on January 30. Net income will also fall below the company’s previous guidance of $3.5 million.

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