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Short Take: NetManage reports Q1 losses

NetManage reported first-quarter revenues of $16.4 million, compared to $33 million for the same quarter last year. It also reported a net loss of $2.7 million, or 6 cents per share. Net income for the same quarter last year was $5.0 million, or 12 cents per share

Paul Festa Staff Writer, CNET News.com
Paul Festa
covers browser development and Web standards.
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Paul Festa
reported first-quarter revenues of $16.4 million, compared to $33 million for the same quarter last year. It also reported a net loss of $2.7 million, or 6 cents per share. Net income for the same quarter last year was $5.0 million, or 12 cents per share