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Article: Cyberplex Reports Year End Financial Results.
- Article from:
- PR Newswire
- Article date:
- February 27, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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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Revenues Up 127 Per Cent Over 1999
TORONTO, Feb. 27 /PRNewswire/
- Cyberplex Inc. (TSE: CX), one of North America's leading Internet professional services companies, today announced financial results for its fourth quarter and year ended December 31, 2000.
For the year, Cyberplex reported revenues totaling $46.7 million, a 127 per cent increase over revenues of $20.6 million for 1999. The net loss for the year totaled $30.8 million, or $1.31 per share, compared to a net loss of $1.2 million, or $0.06 per share for the year ended 1999. This loss includes a $16 million charge the company took in the final quarter of the year, primarily related to ...