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VerticalNet posts lower revenue, small loss

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Malvern, Pa.--VerticalNet, the former online media company turned collaborative software vendor, reported total revenues for the third quarter of $6.6 million, compared with $9.7 million a year earlier. VerticalNet posted a loss for the third quarter of $32.6 million, compared with a loss of $241.6 million a year earlier.
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