Short Take: Lycos revenues jump

Lycos reported $12.6 million in revenue for the January quarter, up 35 percent from the October quarter and up 152 percent over year-ago figures. The company's net income was $301,000, or 2 cents per share, compared with a loss of $2 million, or 15 cents per share, reported for the previous year. Lycos said ad revenues grew 50 percent, while strategic electronic commerce partners helped grow deferred revenues.

Feb. 17, 1998 4:15 p.m. PT

reported $12.6 million in revenue for the January quarter, up 35 percent from the October quarter and up 152 percent over year-ago figures. The company's net income was $301,000, or 2 cents per share, compared with a loss of $2 million, or 15 cents per share, reported for the previous year. Lycos said ad revenues grew 50 percent, while strategic electronic commerce partners helped grow deferred revenues.