Q2: Lycos makes small loss
IT News9 views
Feb 26, 1999
The Web search service Lycos in the second quarter of 1998/99 has seen a loss of $ 1,480,000 or three cents per share. Including accelerated depreciation for purchases, the loss is $ 9,280,000, or 22 cents per share. The turnover has in the three months to 31st January 1999 more than doubled, he is at $ 30.6 million (previous year: 12.6 million dollars) has risen. P>
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Analysts acknowledged the loss was less than expected. In the second quarter of 1997/98 Lycos had net income of $ 301,119 (one cent per share) achieved. P>
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Contact: Lycos Bertelsmann, Tel: 05241/800 P>
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