Short take: Prism Solutions reports loss

Database developer Prism Solutions reported a net loss of $6.6 million, or 36 cents per share, for its second quarter. That compares with a net loss of $1 million, or 6 cents per share, reported for the same quarter last year. Total revenues for the quarter increased to $13.3 million from last year's second-quarter results of $12.4 million--a 7 percent gain.

July 10, 1998 7:30 p.m. PT

Database developer reported a net loss of $6.6 million, or 36 cents per share, for its second quarter. That compares with a net loss of $1 million, or 6 cents per share, reported for the same quarter last year. Total revenues for the quarter increased to $13.3 million from last year's second-quarter results of $12.4 million--a 7 percent gain.