Exodus Communications, Inc. (EXDS) Message Board

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Technology Stocks : Exodus Communications, Inc. (EXDS)

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To: Sir Auric Goldfinger who wrote (2367)	7/19/2000 7:51:07 PM
From: PhantomTrader	Read Replies (1) of 3664

From CBSMarketwatch.. pay attention to the last sentence. Exodus (EXDS: news, msgs) said second-quarter revenue rose 34 percent from the previous quarter to $179.6 million. That's faster quarter-over-quarter growth than the first quarter. Exodus also reported $8.6 million in EBITDA profit, or earnings before net interest expense, income taxes, depreciation, amortization and other non-cash charges. This compares to $1.7 million in the prior quarter. Shares of Exodus rose to 55 in after hours Instinet trading, after closing down 9/16 to 50 13/16 in regular trading. "Even more surprising was that the new bookings number grew 39 percent to $245 million," said David Levy, an analyst at Chase H&Q. "This was extraordinary, and the likelihood of increasing our top-line estimates is pretty high."

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