Digital Island Announces Record Fourth Quarter Revenues and Year-End
Results (4 cents better than estimates) RDWR just met forecasts although this is not indicative of anything but its making me put RDWR on my radar as a short tomorrow, EDGR just met and I thought it would be up but it wasnt. The street like 'beaters' we'll see tomorrow.
Customer Base Grows by 37% in Quarter
SAN FRANCISCO, Nov. 3 /PRNewswire/ -- Digital Island, Inc. (Nasdaq: ISLD - news), a leading provider of network services for globalizing e-Business
applications, announced today its financial results for the fourth fiscal quarter and year-ended September 30, 1999.
Revenues for the quarter ended September 30, 1999 were $4.9 million, an increase of 33% over revenues of $3.7 million for the quarter ended June 30, 1999 and
representing a 433% increase over revenues of $927,000 for the quarter ended September 30, 1998.
The net loss for the quarter ended September 30, 1999, was $22.0 million, or $0.62 per share, compared with a net loss for the quarter ended June 30, 1999 of $14.1
million, or $0.50 per share on a pro forma basis, and a net loss of $5.7 million, or $0.36 per share on |
