Neon Establishes Record With Third Quarter Results
EARNINGS REPORT
DENVER--New Era of Networks (Neon), an electronic business infrastructure provider, announced a record 73 percent growth for the third quarter. Revenues reached $55.2 million for the third quarter of this year compared to $31.9 million from last year. Neon’s net loss was also considerably narrowed this quarter to $6.4 million from $34.9 million in the third quarter of 1999.
Steve Webb, chief financial officer for Neon, comments: "We reported triple digit year-over-year growth in software license
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