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Netscape turnover doubles

Martin Veitch ZDNet.co.uk

Published: 24 Apr 1997 10:15 BST

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Netscape revenues shot up 114 per cent year-on-year to $120 million in its January-March quarter, confirming the growing maturity of the company in the teeth of intense competition from Microsoft and others. Profits were also up, to $7.9 million from $3.6 million last year.

Services and server business now represent well over half of business, delineating Netscape's switch from being a browser company.

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