Article: Digex announces first quarter results; Revenue increases 106%; Industry recognition from Gartner Group validates continued dominance in managed hosting space.

M2 PRESSWIRE-2 May 2001-DIGEX: Digex announces first quarter results; Revenue increases 106%; Industry recognition from Gartner Group validates continued dominance in managed hosting space (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:02052001

LAUREL, MD -- Digex, Incorporated (Nasdaq: DIGX), the leading high-end managed Web and application hosting service provider for businesses worldwide, today announced revenue of $53.1 million for the quarter-ended March 31, 2001, a 106% increase over the year-ago level. Managed servers totaled 4,107 with average monthly revenue per server of $4,249. EBITDA* losses continued to narrow to $13.8 million with net loss per ...

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