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Technology Stocks : EXLN - Excelon

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To: hasbeen101 who wrote (608)10/19/2000 4:46:27 PM
From: Elsewhere  Read Replies (3) of 811
 
Why don't we talk about revenue growth?

Well, there's none this quarter. A sequential revenue decline isn't a dream result. My B2B projection was topped but Object Store sales seem to decline.

biz.yahoo.com

Thursday October 19, 4:30 pm Eastern Time
eXcelon Corporation Reports Results for Third Quarter 2000

BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 19, 2000--eXcelon Corporation (Nasdaq: EXLN), a leading provider of business-to-business (B2B) infrastructure solutions, today reported results for the third quarter ending September 30, 2000.

Revenues for the third quarter ending September 30, 2000 were $18.8 million, resulting in a 21 percent increase over the $15.6 million for the same period of 1999. License revenue for this quarter was $12.3 million, up 33 percent as compared to the third quarter last year. Net loss for the third quarter 2000 improved to $1.85 million, or $0.06 loss per diluted share, as compared with net loss of $3.2 million or $0.11 loss per diluted share for the same period last year.

B2B infrastructure revenues for the third quarter were $6.5 million, up from $5.4 million from the second quarter of 2000. Of that amount, $4.2 million was software license revenues. The B2B infrastructure business generated $15.5 million in total revenue during the first nine months of 2000. ...
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