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Article: Ariba First Internet B2B to Break-Even.
- Article from:
- PR Newswire
- Article date:
- October 18, 2000
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Copyright informationCOPYRIGHT 2000 PR Newswire Association, Inc. 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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Ariba Reports Record Revenues; Beats Analyst Expectations
MOUNTAIN VIEW, Calif., Oct. 18 /PRNewswire/ --
Ariba, Inc. (Nasdaq: ARBA), the leading business-to-business (B2B) eCommerce platform and network services provider, today announced record results for the fourth quarter and fiscal year ended September 30, 2000.
Ariba's results marked the company as the first Internet B2B to report a break-even quarter. Revenues for the fourth quarter of fiscal 2000 were the largest quarter in Ariba's history at $134.9 million, up 67 percent from the previous quarter and up 687 percent from the same period last year. Net loss for the quarter excluding ...
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