![]() ![]() Profit, excluding some items, was 28 cents a share, topping analysts’ average estimate of 22 cents, according to data compiled by Bloomberg. Third-quarter net income was $94 million, or 14 cents a share, compared with a loss of $94.2 million, or 16 cents, a year earlier, the San Francisco-based company said Thursday in a statement. Still, the search-and-discovery platform’s user base declined for the second consecutive quarter, and the company gave a revenue forecast for the holiday period that fell short of estimates due to Covid-related issues. rose Thursday after the company reported stronger-than-expected profit and revenue that met analysts’ estimates.
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