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Netscape shows real profits

Martin Veitch ZDNet.co.uk

Published: 24 Oct 1996 12:07 BST

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Profits were $7.66 million for the quarter ending September 30, up from close to zero for the equivalent quarter a year ago. Revenues were up to $100 million from $23.3 million. The results sent Netscape's stock up 12 per cent.

Netscape said the numbers reflected the shift of corporates to intra-net solutions.

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