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Article: InforMax Announces Second Quarter Revenue and Net Loss Per Share Results.
- Article from:
- Business Wire
- Article date:
- August 1, 2001
CopyrightCOPYRIGHT 2001 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/Health & Medical Writers
BETHESDA, Md.--(BUSINESS WIRE)--August 1, 2001
InforMax, Inc. announced today that for the second quarter ended June 30, 2001, it had revenues of $ 7.6 million, representing an increase of 129% over the $3.3 million achieved for the same period last year, and total bookings of $ 8.4 million, representing an increase of 72% over the same period last year.
The revenue performance is stronger than the Company's previous guidance of $7.0 million for the second quarter. "Bookings" represents the total face amount of contracted sales of Company products and services in the period.
The Company also ...