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Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (401)	4/21/1999 5:12:00 PM
From: Eric	Read Replies (2) \| Respond to of 3664

EXODUS REPORTS FIRST QUARTER RESULTS Tenth Consecutive Quarter of More than 40% Sequential Revenue Growth Santa Clara, April 21, 1999 - P>Exodus Communications?, Inc. (NASDAQ:EXDS) today reported first quarter 1999 revenues of $30.1 million, a 43 percent increase over the fourth quarter of 1998 revenues of $21.1 million, and a 324 percent increase over the comparable period of the previous year. Exodus reported a net loss of $22.2 million for the first quarter, or $1.09 per share, compared with a net loss of $21.4 million, or $1.07 per share, in the fourth quarter of 1998, and a net loss of $13.3 million, or $0.96 per share, on a pro forma basis, in the first quarter of 1998. All references to earnings per share and share count set forth in this press release are not adjusted to reflect Exodus? recent two-for-one stock split which was effected on April 12, 1999. EBITDA loss (loss before interest, taxes, depreciation, amortization and other non-cash charges) was $10.8 million in the first quarter of 1999, compared to $11.6 million for the fourth quarter.