This story was written by David Kaplan.
While the recession has been great for financial news' companies audience numbers, that traffic hasn't translated into profits and revenues. TheStreet.com's Q4 is a prime example, as the company posted a $100,000 net loss as revenues slid 17 percent to 16.5 million. Last year, the company had modest profits of $4.7 million ($0.16 per share). Analysts had been expecting $17.3 million in revenue, TheStreet itself reported. The company matched a Thomson Reuters (NSDQ: TRIN) consensus estimate on the net loss. More to come
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By David Kaplan