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Byline: PETE BARLAS
United Online Inc. is winning lots of new customers with its cheap Internet services. It's having a tougher time wooing Wall Street.
Even after beating analyst expectations Thursday and reporting its seventh straight quarter of profit, the company took a beating from investors. Shares fell 3.04, or 10%, to 28.05.
United, which sells the discount NetZero and Juno Internet access services, posted earnings per share of 24 cents in its fiscal first quarter ended Sept. 30. That was up 60% from 15 cents a year ago and above estimates of 22 cents. Sales rose 53% to $88.8 million, also beating views.
The question for investors is whether United can keep growing. They're worried …