Answers.com (NSDQ: ANSW), the online reference service, has reported its Q308 earnings, and reported higher revenues but a higher loss as well. Revenues for the quarter came in at $3.56 million, up 61 percent from $2.2 million in the year-ago quarter. Losses were $2.12 million, up from $1.95 million in…

Last week, the troubled Answers.com (NSDQ: ANSW) filed an S-3 with SEC. In it, it disclosed that it has written off its acquisition of Brainboost Technology, the developer of the Brainboost Answer Engine (BAE) that it bought in December 2005 for about $4.56 million, $4.0 million of which was in…

Answers.com (NSDQ: ANSW) announced Q2 revenue of $3 million, an increase of 7 percent from $2.81 million in the year-ago quarter. The company’s two biz units are going in opposite directions. The original Answers.com business continues to sour, with revenue falling 19 percent to $1.48 million. Conversely the WikiAnswers business…

Answers Corp. (NSDQ: ANSW), parent of reference site Answers.com, is raising up to $13 million from VC firm Redpoint Ventures. The company has already sold $6 million worth of convertible preferred stock, convertible into 1,333,333 shares at $4.50 (shares closed yesterday $3.92). Redpoint then has the right to purchase another…

Answers Corp (NSDQ: ANSW). has announced revenue of $3.03 million, a 2 percent year-over-year increase from $2.96 million. Net loss spiked to $3.6 million from $303,000, however this quarter included $2.5 million in fees related to the failed attempt to acquire Lexico. Costs were up in other categories as well.…

Reference service Answers.com’s (NSDQ: ANSW) failure to close the acquisition of Dictionary.com parent Lexico, as a result of an inability to secure financing, cost it $925,000. According to the company’s 10-K, $500,000 was given to the would-be sellers, while another $425,000 was paid to an unidentified institutional investor that had…

Answers Corp. (NSDQ: ANSW), which recently abandoned its attempt to acquire Lexico, has announced Q4 revenue of $2.9 million, a 19 percent year-over-year increase from $2.5 million. Net losses narrowed to $617,000 from $989,000 a year ago. Top line growth came via a 22 percent increase to at the core…

As we had suspected all along, this one did not go through: Answers Corp.‘s (NSDQ: ANSW) uphill battle to acquire Dictionary.com parent Lexico has failed, as the company’s last-ditch $100 million stock sale has been pulled. The original $100 million offer for Lexico was announced last July, and it was…

On Wednesday, Answers Corp (NSDQ: ANSW). announced a fresh attempt to raise cash to fund its attempted acquisition of Lexico: a plan to sell 14.94 million shares, raising $100 million. But that was based on the company’s Tuesday closing price of $6.69. Since then the stock has been crushed, falling…

Another sign that Answers.com (NSDQ: ANSW) may not be able to complete its $100 million acquisition of Lexico (parent of Dictionary.com) ... in a filing with the SEC this morning, the company said that it has extended the original 180-day deadline (from July 13, 2007) by 48 days, to 228.…

Reference site Answers.com reported Q3 revenue of $2.2 million, up 19 percent over last year’s $1.85 million. Net loss expanded in the quarter by 65 percent to $1.95 million (.25 per share) from $1.18 million ($.15 per share), as the company saw increased costs in all areas. The company also…