KDnuggets : News : 2001 : n09 : item32    (previous | next)

Briefs

Net Perceptions Q1 2001 revenue $3.3 M, loss of $11.9 M
MINNEAPOLIS - Net Perceptions, Inc. (Nasdaq: NETP) today announced
revenue of $3.2 million for the quarter ended Mar. 31, 2001, and a
loss of $11.9 million, or ($0.44) per share before restructuring
charges, a non-cash charge for the impairment of goodwill and other
intangibles, amortization of intangibles and stock compensation
expense. In the same period last year the company reported $9.5
million in revenue and a net loss of $3.6 million or ($0.16) per share
before amortization of intangibles and stock compensation
expense. Including restructuring charges, a non-cash charge for the
impairment of goodwill and other intangibles, amortization of
intangibles and stock compensation expense, the company reported a
loss of $108.8 million or ($4.05) per share for the first quarter
ended Mar. 31, 2001.

As of April 25, stock fell to $1/share.

See http://www.netperceptions.com/press/0,1047,press-indiv-274,00.html

KDnuggets : News : 2001 : n09 : item32    (previous | next)

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