slight over-reaction yesterday!!!, page-5

beat guidence by $1.2 million Revenue of $9.2 million exceeds prior guidance of $7.0 - $8.0
million
* Net loss per share of $0.04 on a pre-split basis surpasses guidance
of $0.05 net loss per share
* Company expects revenue growth of 5% - 6% in the fourth quarter

"LookSmart's revenues were higher and our losses lower than we had guided for the third quarter. We believe we are closing a chapter of the company's history as we anticipate a return to revenue growth in the fourth quarter, ending a period of declining revenue results," stated Chief Executive Officer David Hills. "We continue to make solid progress across our key business areas with today's launch of 161 new vertical sites, improving metrics within key verticals across our ad network and the generation of revenue from our technology licensing agreements. While we still have a lot to accomplish, we now have a stable platform for growth and are excited about our prospects going forward in a highly dynamic and growing industry."