Article: FiNet.com Reports Financial Results for the Quarter Ended June 30, 2001.

Gross Margin Increased by 514% Over Prior Year Period

SAN RAMON, Calif., July 27 /PRNewswire/ --

FiNet.com, Inc. (Nasdaq: FNCM), and its wholly owned subsidiaries (the "Company") today released financial results for the quarter ended June 30, 2001.

Revenue for the quarter ended June 30, 2001 decreased 11% from $2.08 million to $1.86 million compared to the quarter ended June 30, 2000. Revenue for the six months ended June 30, 2001 increased by 26% from $3.53 million to $4.45 million compared to the year-ago period ended June 30, 2000.

Gross margin increased by 514% over the quarter ended June 30, 2000 and by 500% over the prior six ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!