Netscape chalked up a strong third quarter, exceeding Wall Street?s expectations with a 50 per cent sales increase to $150.1 million on $11.7 million net income, up from $7.7 million last year.
The decision by the US Justice Department earlier this week that Microsoft is abusing its position to promote Internet Explorer against competitors? products shores up Netscape?s situation, but the company is doing very well for itself with allies Sun Microsystems and IBM.
Despite a fall in non-US revenues, attributed by chief financial officer Pater Currie to seasonal slowness and deferred deals, 72 per cent of revenues came from software licences, and server systems account for around 34 per cent. Staff numbers grew from 103 at the beginning of 1997 to 165.
Comcast's £29.7bn winning bid more than twice the £13.7bn Rupert Murdoch valued Sky at just eight years ago
A nuclear strike has been considered, but Bruce Willis is nowhere in sight
Spray-on antenna could enable seamless integration of antennas with everyday objects
Parker Solar Probe, TESS and GOLD missions will deliver exciting data, claims NASA