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Short Take: BackWeb beats estimates

BackWeb has beat Wall Street estimates with a loss of $500,000, or a penny per share, excluding unusual charges, for the quarter that ended Sept. 30. Analysts had expected a loss of 2 cents per share, according to First Call/Thomson Financial. BackWeb, which sells remote management software for corporate applications, said revenues of $11.7 million had increased 89 percent over last year's third quarter.

BackWeb has beat Wall Street estimates with a loss of $500,000, or a penny per share, excluding unusual charges, for the quarter that ended Sept. 30. Analysts had expected a loss of 2 cents per share, according to First Call/Thomson Financial. BackWeb, which sells remote management software for corporate applications, said revenues of $11.7 million had increased 89 percent over last year's third quarter.