Stock Watch: iVillage Falls on Q1 Loss, CFO Resignation

iVillage, Inc. (Nasdaq: IVIL) fell 11/16 to 10 11/16 Thursday, after the Internet network aimed at women reported a first-quarter loss and said its chief financial officer had resigned.

The New York-based iVillage said revenue for the quarter rose to $20.8 million from $6.5 million a year earlier, as the number of members and newsletter subscribers grew. Traffic also rose, with 155 million average monthly page views, up 72 percent from a year earlier. Yet the company reported a net loss of $25.2 million, or 85 cents a share, compared with a pro forma net loss of $17.6 million, or 96 cents, in the same period last year.

Separately, iVillage said Craig Monaghan, CFO since 1998, resigned to take the same position at AutoNation, Inc. (NYSE: AN). Scott Levine, iVillage’s controller and chief accounting officer, will serve as interim CFO while the company looks for a successor.

Monaghan is the second member of iVillage’s management team to resign in recent days. Last Thursday, the company said Allison Abraham resigned as chief operating officer to become president of

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