Technology Industry
Industry: Email Alert RSS FeedInternet software companies - Company Financial Information - Brief Article
CommunicationsWeek International, April 16, 2001
Internet software companies are showing signs of the economic downturn. Cancelled contracts at Akamai, Ariba, Inktomi and BroadVision meant that all four reported losses in second-quarter earnings. 12 said that their earnings increased by 2 cents a share, compared to expectations of 5 cents a share.
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Akamai Technologies announced that it was cutting 14% of its staff as a result of a drop off in business.
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