Quotesmith.com 2nd Q.: Loss Narrows

NU Online News Service, Aug. 5, 11:30 a.m. EST?Quotesmith.com Inc., Darien, Ill., reported a net loss of $222,000, or $.04 per share, for the second quarter on $3.2 million in revenues, compared with a net loss of $2.6 million, or $.048 per share, on $2.1 million in revenue for the second quarter of 2001.

On a year-to-date basis, the online insurance broker, which provides instant quotes from more than 300 leading insurance companies, reported revenues of $5.77 million for the first six months of 2002 as compared to $4.55 million for the same period in 2001.

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