WebTrends Corporation Reports Record First Quarter Revenues and Earnings
Thirteen Consecutive Quarters of Sequential Revenue Growth and Profitability
PORTLAND, Ore.--(BUSINESS WIRE)--April 21, 1999--WebTrends Corporation (Nasdaq:WEBT - news), the leader and pioneer in enterprise management and reporting for Internet-based systems, today reported its first quarter results for the period ended March 31, 1999.
WebTrends reported revenues of $3.01 million for the first quarter of 1999, an 85% increase over revenues of $1.62 million reported in the first quarter of 1998. The net income for the first quarter of 1999 was $178,081, or $0.02 per share, a 600% increase compared to net income of $25,419, or $0.00 per share, for the first quarter of 1998. The first quarter results, compared to fourth quarter 1998, represent a 22% increase in revenues of $2.47 million and a 77% increase over the net income of $100,876, or $0.01 per share. For more investor information see webtrends.com.
|
