A previously unreported $40 million goodwill impairment charge, associated with the recent sale of its online images business, has lowered Jupitermedia’s year-to-date profits from a $27 million net loss to a loss of $67 million. The fee was absorbed during the third quarter, which attributed to a net loss of $62.6 million for the period.

Jupitermedia reported the goodwill fee Tuesday as part of an amendment to its third quarter financial statement, which it originally released last week. Revenue through the first nine months was $100.5 million, down slightly from $104.2 million during the same period last year.

"Our online media division continues to be impacted by the economy, which has put pressure on our advertising and job board sales,” chairman and CEO Alan Meckler said in the original earnings statement. “We have, however, made progress in reducing operating expenses, specifically with our costs of sales and general and administrative expenses.”

Last month, Jupitermedia—which also owns online networks Internet.com, EarthWeb.com, DevX.com and Graphics.com—agreed to sell [0] online images business Jupiterimages to digital photograph and online media powerhouse Getty Images for $96 million in cash. At the time, Jupitermedia said it expects to incur a non-cash loss of approximately $95 million upon the closing of the transaction.

In July 2007, Jupitermedia acquired [0]New York-based media community and creative job listing Web site Mediabistro.com for $23 million.