Five years ago: Netscape profit suggests stamina

Netscape has posted another good quarter, suggesting it is winning over corporates despite Microsoft's unmissable shadow

First published 29 January, 1997

The Californian firm had revenues of $115 million for its October-December fourth quarter, compared to $41.6 million a year ago. Profits were $8.8 million, up from $511,000 a year ago.

International sales constituted a healthy 36 per cent of revenues.

PCDN Comment: More than just another set of financials, this quarter will do much to silence pundits who considered Netscape toast when Microsoft got serious about the Internet. Netscape has a firm foothold in the corporate world with clients, servers and services, and its international spread is remarkable for such a young company. Whatever, Microsoft achieves in terms of market share, Netscape has the makings of a strong, consistently profitable company in its own right.

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