Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (26110)	7/20/2000 4:56:39 PM
From: abuelita	Respond to of 35685

Echelon Corporation Announces Second Quarter 2000 Revenues Increase 29% from Prior Year SUNNYVALE, Calif., Jul 20, 2000 (BUSINESS WIRE) -- Echelon Corporation (Nasdaq: ELON) today announced financial results for the quarter ended June 30, 2000. Revenues for the quarter ended June 30, 2000 were $12.7 million, an increase of 29% over revenues of $9.8 million for the same period in 1999. Net loss for the quarter ended June 30, 2000 was $508,000, or $0.01 per share, based on a weighted average of 34,507,000 common shares outstanding, compared to a net loss of $744,000, or $0.02 per share, based on a weighted average of 32,826,000 common shares outstanding in the second quarter of 1999. Revenues for the six-month period ended June 30, 2000 were $24.1 million, an increase of 30% over revenues of $18.6 million for the same period one year ago. --------------------------------------------------------------------------------