Earnings: Lycos Europe Cuts Losses By 48%

: Lycos Europe has cut its losses by almost half in the first nine months of 2005 compared to the same period last year…its losses drop by 48%, to E18.5m at the end of September. Lycos believes it’s on track to break even this time next year. Revenues jumped by 11% to E93.2m, even though ad revenues were static at E29.4m.

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