Drkoop.com Reports Loss

Drkoop.com Inc. posted a first-quarter loss that was slightly smaller than Wall Street’s diminished expectations, as the online provider of health-related information and services drew more visitors to its Web site. The company reported a loss of $24.8 million, or 80 cents a share, compared with a loss of $24.4 million, or $2.84 a share, a year ago. Analysts on average expected a loss of 82 cents. Revenue at the cash-strapped company climbed to $4.7 million from $404,000. The company in April had warned its loss would come in much larger than the 52 cents a share that analysts had expected at the time. Before the earnings news, the stock closed off 3 cents at $2.44 on Nasdaq, just above its all-time low of $1.94.