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Article: EXODUS COMMUNICATIONS: Exodus Communications reports ththird quarter results.
- Article from:
- M2 Presswire
- Article date:
- November 2, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-2 November 1999-EXODUS COMMUNICATIONS: Exodus Communications reports third quarter results (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:021199
Exodus Communications, one of Silicon Valley's top ten fastest growing companies and a leading provider of Internet system and network management solutions, has reported third quarter revenues of $67.6 million. This is a 59 per cent increase over the second quarter of 1999 revenues of $42.5 million, and a 367 per cent increase over the comparable period of the previous year.
Exodus reported a net loss of $24.7 million for the third quarter, or $0.29 per share, before amortisation of intangibles ...