Earnings Report: Theglobe.com Inc.

Theglobe.com Inc, New York-based operator of an online community, has reported a second-quarter net loss of $13.1m on revenue of $4.1m, compared to a loss of $3.9m in the year-ago quarter on revenue of $780,000. Excluding $6.4m in acquisition-related amortization expense, the loss for the quarter amounted to $0.27 per share, when analysts surveyed by First Call were expecting a loss of $0.32. For the six-month period, net loss was $19.4m on revenue of $7.3m, against a loss of $5.8m last year on revenue of $1.2m. Six-month results include $7.8m in amortization charges.