Keynote Announces Third Quarter Financial Results; Company Meets First Call's Estimates for the Quarter.
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Keynote Announces Third Quarter Financial Results; Company Meets First Call's Estimates for the Quarter.
Business Editors/High-Tech Writers
SAN MATEO, Calif.--(BUSINESS WIRE)--July 18, 2001 Keynote Systems (Nasdaq:KEYN), The Internet Performance Authority(R), today announced financial results for the quarter ended June 30, 2001. Revenues for the third quarter of fiscal 2001 were $11.0 million, which represented an increase of 14% over the corresponding quarter in fiscal 2000 and an 8% decrease over the previous quarter. Pro forma net income for the quarter was $0.2 million, or $0.01 per fully diluted share, compared to a pro-forma net income of $2.9 million, or $0.10 per share, for the corresponding quarter a year ago and a pro-forma net income of $2.1 million, or $0.07 per share, for the preceding quarter. Reported net loss for the quarter was $34.4 million, or $1.24 per share, which includes a non-recurring charge in t...Try vLex for FREE for 3 days
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