Legal expenses contribute to Homestore's Q4 loss Premium Content

Company attains profitability in full-year '05

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Homestore Inc. a company that operates Realtor.com and other real estate search Web sites, announced a net loss of $4.6 million in fourth-quarter 2005, representing in a drop of 3 cents per share.

That compares to net income of $6 million, or 4 cents per share, in fourth-quarter 2004. The fourth-quarter loss reflects expenses of $5.9 million related to an agreement to provide legal costs for a former company officer and a $1.8 million litigation settlement expense.

Total revenue for fourth-quarter 2005, which ended Dec.

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