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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: posjim who wrote (266)8/3/1999 4:08:00 PM
From: 2MAR$  Read Replies (1) of 1884
 
(REUTERS) TABLE - Digital Island Inc <ISLD.O> Q3 results
TABLE - Digital Island Inc <ISLD.O> Q3 results

SAN FRANCISCO, Aug. 3 (Reuters) -
DIGITAL ISLAND, INC.
CONDENSED CONSOLIDATED
STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Three Months Ended Nine Months Ended
June 30, June 30,
1998 1999 1998 1999
(Unaudited)(Unaudited)(Unaudited) (Unaudited)
Revenue $725 $3,700 $1,416 $7,495
Costs and expenses:
Cost of revenue 2,267 8,055 6,293 15,805
Sales and marketing 1,296 4,525 3,083 9,696
Product development 538 1,853 1,109 3,863
General and administrative
902 2,469 2,065 5,431
Deferred compensation expense
132 1,248 132 2,274
Total costs and expenses
5,135 18,150 12,682 37,069
Loss from operations
(4,410) (14,450) (11,266) (29,574)
Interest income (expense), net
123 387 187 644
Loss before income taxes
(4,287) (14,063) (11,079) (28,930)
Provision for income taxes
-- -- -- 2
Net loss (4,287) (14,063) (11,079) (28,932)
Basic and diluted net loss
per share (1.92) (3.96) (4.99) (10.31)
Weighted average shares
outstanding used in per
share calculation
2,231,367 3,555,232 2,222,463 2,273,869
EBITDA (a) (4,104) (12,327) (10,667) (25,501)
(a) Loss before net interest expense, income taxes,
depreciation,
amortization (including amortization of deferred stock
compensation) and
other noncash charges.
REUTERS
*** end of story **
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