Freeserve has announced its second quarterly results showing losses of £3.6m. The free ISP's active users are up 12 per cent on the previous quarter - just exceeding growth in the Internet sector as a whole, according to analysts, Datamonitor.
Advanced Systems International (ASI) is providing Continental Airlines with its Web-based ebusiness labour reporting tools in a deal worth $4.2m. The fifth largest US airline will use ASI's Labor Management Software to collect and distribute data...
In a web conference, the company said fourth quarter revenues would be between $126m and $129m - eight to ten percent lower than anticipated. Stephen Collins, CFO of Doubleclick, said: "Online advertising has reached a point where it does not work...
Results met expectations, with net sales up 22 per cent to $700m, and net loss including charges down to $234m from $308m for the comparable period last year. While he welcomed the results, UK MD Steve Frazier warned that controlling expenditure...
Search engine specialist Inktomi has posted flat revenues and a reduced loss, but has also cut its staff by an estimated 20 per cent. The company expects fourth quarter results to show revenues of between $38m and $39m, in line with analysts...
Lucent Technologies has managed to reduce its losses by 24 per cent in its fourth quarter results today. The company has also promised it will return to profitability by 2002. Lucent reported revenues declining 28 per cent to $5.2bn for the quarter...