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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Dalin who wrote (22952)	11/3/1999 4:23:00 PM
From: Bryan	Respond to of 108040

Digital Island Announces Record Fourth Quarter Revenues and Year-End Results Customer Base Grows by 37% in Quarter SAN FRANCISCO, Nov. 3 /PRNewswire/ -- Digital Island, Inc. (Nasdaq: ISLD), 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 a pro forma basis for the quarter ended September 30, 1998. EBITDA loss (loss before interest, taxes, depreciation, amortization and other non-cash charges) was $20.4 million for the quarter ended September 30, 1999, compared to EBITDA loss of $12.3 million for the quarter ended June 30, 1999, and $5.2 million for the quarter ended September 30, 1998