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Article: DigitalThink Announces Record Revenues for First Quarter of Fiscal 2001; Sequential Quarter Revenue Growth of 45% over Quarter Ended March 31, 2000.
- Article from:
- Business Wire
- Article date:
- July 17, 2000
CopyrightCOPYRIGHT 2000 Business Wire. 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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Business Editors
SAN FRANCISCO--(BUSINESS WIRE)--July 17, 2000
DigitalThink, Inc. (Nasdaq:DTHK), the leading provider of business-to-business e-learning solutions to Fortune 1000 companies, today announced record results for the first quarter ended June 30, 2000.
Revenues for the first quarter of fiscal 2001 were $6.3 million compared with $1.2 million for the same period last year, an increase of 433% and an increase of $2.0 million or 45% over the quarter ended March 31, 2000. Reported net loss for the quarter was $7.7 million compared to a net loss of $2.4 million in the period ended June 30, 1999. Excluding the amortization of stock-based ...
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