NW corporate results | InfoSpace, Nastech Pharmaceuticals, Todd Shipyards


Dollar figures in thousands, except per share; parentheses denote losses.


InfoSpace
Mobile and online technologies
	June 30		%
2nd QTR	2007	2006	CHG
Profit	($28,130)	$1,019
Per share	(0.86)	0.03
Sales	70,530	95,846	-26.4
1st HALF	2007	2006	CHG
Profit	($28,670)	$4,024
Per share	(0.89)	0.12
Sales	157,173	186,120	-15.6
COMMENT: The Bellevue company said it has completed its restructuring and has exited the mobile-media business and significantly reduced costs. It also completed a $208 million special dividend and reauthorized a $100 million stock-repurchase plan. For the full year, it expects revenue of up to $264 million, which includes $47.1 million from its mobile-media business in the first half. Its net loss for the year will be as large as $57 million, or up to $1.74 a share.


Nastech Pharmaceuticals
Biopharmaceuticals
	June 30		%
2nd QTR	2007	2006	CHG
Profit	($12,367)	($560)	-2,108
Per share	(0.50)	(0.03)	-1,567
Revenue	4,733	11,238	-57.9
1st HALF	2007	2006	CHG
Profit	($23,907)	($8,407)	-184
Per share	(0.97)	(0.41)	-137
Revenue	9,405	17,537	-46.4
COMMENT: Its losses widened as the Bothell company — which focuses on nasal-spray treatments for diabetes, osteoporosis, obesity and other conditions — received less revenue amid increased spending on research and development activities.


Todd Shipyards
Shipbuilding and repair
	July 1	July 2	%
1st QTR	2007	2006	CHG
Profit	$475	($721)
Per share	0.08	(0.13)
Sales	36,527	20,150	+81.3
COMMENT: Revenue was up at the Seattle company due to an increase in ship repair and construction volume, including projects for the U.S. Navy and the National Oceanic and Atmospheric Administration.