Earnings Report: Cybernet Internet Services

Computergram International, August 17, 1999

Cybernet Internet Services International Inc, the US holding company of German internet service provider Cybernet AG, reported net loss for the second half to June 30 1999 of $4.04m, compared to a loss of $3.27m last year ago, on revenues up 152.1% at $8.45m. Network expansion took its toll on the gross margin, with total cost of revenue standing at 104.9%.

Cybernet is listed on the US over-the-counter exchange.

COPYRIGHT 1999 Datamonitor
COPYRIGHT 2008 Gale, Cengage Learning

 

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