Short Take: E*TRADE Group first-quarter revenue and income up

E*TRADE Group reported revenues of $25 million for the first quarter which ended December 31, 1996, compared with $8.4 million for the same period last year. Net income for the first quarter was $2.26 million or 7 cents per share, compared with $878,000, or 3 cents per share for the same quarter last year.

Paul Festa Staff Writer, CNET News.com

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Paul Festa

Jan. 21, 1997 5:45 p.m. PT

reported revenues of $25 million for the first quarter which ended December 31, 1996, compared with $8.4 million for the same period last year. Net income for the first quarter was $2.26 million or 7 cents per share, compared with $878,000, or 3 cents per share for the same quarter last year.