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INK posts $4.5million profit for 3rd Qtr

9:03 pm on Oct 5, 2000 (gmt 0)

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WebmasterWorld Senior Member rcjordan is a WebmasterWorld Top Contributor of All Time 10+ Year Member

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Well, damn if the company didn't turn its first profit--one cent per share--in the second quarter 2000. Things got even better in the third quarter when Inktomi (nasdaq: INKT) more than quadrupled its profits to $4.5 million. Based on the 30% to 35% sequential quarterly growth trajectory the company's been on, it'll turn in sales of $245 million this year.
-article here [forbes.com]
9:52 pm on Oct 5, 2000 (gmt 0)

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Wow. I never thought I'd see it...an internet company making a profit..



10:07 pm on Oct 5, 2000 (gmt 0)

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And the words "search engine" don't play a very prominent part in the article (or probably INK's profit model)