CMGI swings to a quarterly net loss on charge
CMGI Inc. after Tuesday's closing bell said it swung to a fourth-quarter net loss of $2.55 million, or a penny a share, as the company took a $7.4 million charge from discontinued operations. During the same period in the prior year, the supply chain management services company reported net income of $274,000, or breakeven on a per-share basis. CMGI said quarterly revenue rose to $261.9 million from $247.4 million in the prior year.
