Infoseek Q1 revenues flat

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Infoseek Corp. reported revenues for the first quarter of 1997 were $6.1 million, a 255% increase over revenues of $1.7 million for the first quarter of 1996. However, revenues were flat from the fourth quarter of 1996, where the company reported $6.1 million in revenues. The company also reported a net loss for the first quarter of 1997 of $4.1 million, or $0.16 per share, compared to a net loss of $3.6 million, or $0.14 per share, for the first quarter of 1996.

Copyright April 1997, Crain Communications Inc.

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