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To: GENO who wrote (16896)4/23/1999 11:42:00 AM
From: TsioKawe  Respond to of 40688
 
VERTs Numbers 1st quarter if you missed them..

VerticalNet Reports First Quarter Financial Results
Business Wire - April 22, 1999 17:49
HORSHAM, Pa.--(BUSINESS WIRE)--April 22, 1999--VerticalNet, Inc. (NASDAQ:VERT) today reported revenues of $1.9 million for the quarter ended March 31, 1999, a 412 percent increase compared to revenues of $377,000 for the same quarter last year and a 52 percent increase over revenues of $1.3 million for the quarter ended December 31, 1998.

The net loss for the quarter was $5.6 million, or a pro forma loss per share of ($0.39). This compares to a net loss of $2.1 million, or ($0.27) per share, for the first quarter of 1998 and a net loss of $5.3 million, or ($0.43) per share, for the fourth quarter of 1998.




To: GENO who wrote (16896)4/23/1999 11:43:00 AM
From: terri acey  Respond to of 40688
 
Geno, the four streams of revenue are subscriptions, banner advertising, commission from alliances and revenue from netbroadcast...
Glenn reiterated this at the IBE....