Lycos Europe Registers First Positive EBITDA: Lycos Europe has recorded for the first time positive earnings before interest, tax, depreciation and amortization, as planned. The EUR1.5 million EBITDA resulted from operational improvements as well as non-recurring items, including seasonality and the reduction of restructuring accruals. The Q4 net loss amounted to EUR1.5 million, compared to EUR28.9 million a year earlier.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post