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To: Jenna who wrote (11872)	7/22/1998 12:03:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 120523

USWeb Corporation Reports Second Quarter 1998 Financial Results; Sequential Quarterly Revenues Increase 86%; Year-to-year Revenues Increase 940% Business Wire - July 21, 1998 16:22 SANTA CLARA, Calif.--(BUSINESS WIRE)--July 21, 1998--USWeb Corporation (NASDAQ:USWB), a leader in strategic Internet professional services, today reported its results for the second quarter, ended June 30, 1998. Revenues for the quarter were $25.4 million, an 86% increase over revenues of $13.7 million reported in the quarter ended March 31, 1998 and a 940% increase over revenue for the same period last year. The net loss was $60.9 million, or $1.81 per share, compared with a net loss of $16.4 million, or $0.56 per share, in the previous quarter. Excluding non-cash charges, the net loss was $1.2 million, or $.03 per share, compared with a net loss of $2.5 million, or $.09 per share, in the previous quarter.