BVSN- oder Der DOT Teil II

verfasst von Rab, 02.04.2001, 23:26

Monday April 2 4:45 PM ET
Inktomi Cuts Earnings, Revises Forecasts

FOSTER CITY, Calif. (Reuters) - Internet search technology company Inktomi Corp. (NasdaqNM:INKT - news) on Monday revised down its second quarter earnings and revenue expectations, citing weaker economic conditions.

The company said it expected a second quarter pro forma loss of between 23 and 25 cents for the just completed three months, excluding charges.

That compares with a 4-cent loss expected by Wall Street analysts, according to Thomson Financial/First Call. Revenues were seen between $36 million and $38 million.

Inktomi also said it would reduce its work force, and will take a charge as a consequence in the June quarter.

``Economic conditions in the United States and Europe have declined more quickly than we had initially anticipated forcing us to take strong cost-cutting measures for the continued health of our business,'' said David Peterschmidt, president and chief executive officer.

Inktomi is expected to report earnings for the quarter on April 19. Shares closed down 6.5 percent or 43 cents to $6.22 on the Nasdaq, near its 12-month low and far from its high of $191.



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• INKT Warnung!!! Der Dot kommt langsam ins schliddern:) - Rab, 02.04.2001, 23:14
  • BVSN- oder Der DOT Teil II - Rab, 02.04.2001, 23:26
    • Der Dot Teil III - Rab, 02.04.2001, 23:33
      • Teil IV - Rab, 02.04.2001, 23:35