October 23, 2003

Ask Jeeves (Nasdaq: ASKJ) reported revenue and earnings above expectations and raised its forecasts.

For the third quarter ended Sept. 30, the Internet search firm reported revenue of $27.2 million, up from $15.9 million in the third quarter of 2002. Analysts surveyed by Thomson First Call had forecast revenue of $25.5 million. Revenue, which the company had forecast to be modestly down from the second-quarter figure, was actually up 6%.

Pro forma income from continuing operations -- excluding various expenses and charges -- amounted to $5.1 million, or 9 cents per share, compared with a loss of $1.7 million, or 4 cents per share, one year earlier. Analysts had been expecting a 7-cent gain.

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