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eDiets.com(R) Announces Q4 and Year End 2007 Results
Date:3/4/2008

and expenses:

Cost of revenue 2,136 1,942 7,222 9,622

Technology and development 949 977 3,723 3,203

Sales, marketing and support 3,242 4,564 17,029 30,445

General and administrative 1,751 1,851 6,984 8,549

Amortization of intangibles 305 301 1,213 760

Impairment of goodwill and

intangible assets 2,296 - 2,296 -

Total cost and expenses 10,679 9,635 38,467 52,579

Loss from continuing

operations (3,779) (90) (8,738) (3,765)

Other (expense) income, net (459) 34 (499) 184

Income tax benefit (provision) 26 (12) (171) (66)

Net loss from continuing

operations (4,212) (68) (9,408) (3,647)

Discontinued Operations:

Loss from operations, net

of tax - (60) - (412)

Loss on disposal, net of

tax - (81) - (41)

Loss from discontinued

operations, net of tax - (141) - (453)

Net loss $(4,212) $(209) $(9,408) $(4,100)

Basic loss per common share:

Loss from continuing

operations $(0.17) $(0.00) $(0.38) $(0.16)

Loss from discontinued

operations - (0.01) - (0.02)

Net loss $(0.17) $(0.01) $(0.38) $(0.18)

Diluted loss per common share:

Loss from continuing

operations $(0.17) $(0.00) $(0.38) $(0.16)

Loss from discontinued

operations -
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SOURCE eDiets.com, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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