Feeds

Netscape gets back in the black

Thank god for that, says Wall Street

  • alert
  • submit to reddit

Maximizing your infrastructure through virtualization

Netscape Communications has broken even in its third quarter, surpassing Wall Street estimates. Revenues for the quarter ending July 31 were $150.2 million – a ten per cent increase on the $136 million of the same period last year. Net income for the quarter was $88,000 compared with a net loss of $45 million. Since Netscape began distributing its Web browser for free as it tried to maintain its market lead, the company has had to refocus on Netcenter, its new Internet gateway website, and software for business computer networks. Jim Barkdale, company president, said that the Netscape had seen “strong momentum” in both business segments. The company said a strong increase in revenues from Netcenter boosted results. The new site produced revenue of $38.7 million representing a 24 per cent increase on the second quarter. Revenues from business software and related services also gained on last quarter and were up 16 per cent at $111.6 million. The first half of the fiscal year brought revenues of $277.5 million for Netscape, up on $256.5 million a year ago. Net income rose to $96,000 compared with a net loss of $37.4 million previously.

Top three mobile application threats

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.