United Online Shrs Sag On Weak Q4 Results

United Online (UNTD) shares are trading lower after hours on disappointing Q4 results.

The company posted revenue of $256.2 million, below the consensus of $263.1 million. Adjusted EPS of 33 cents a share was a penny shy of Street expectations.

For Q1, the company is forecasting adjusted OIBDA - operating income before depreciatoin and amortization - of $53 million to $58 million. That would be down from $65 million in the December quarter.

United now has three businesses: the old dial-up access business; the social networking site Classmates.com; and the newly acquired FTD floral delivery service. Revenue from Classmates Media was up 17% year over year in the quarter, offsetting a 17% drop in the communications services segment.

UNTD, which fell 17 cents, or 3.5%, to $4.69 in the regular session, is down another 29 cents, or 6.2%, to $4.40 in late trading, setting a new 52 week low.