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360Networks Posts Record Third Quarter Revenue and EBITDA

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VANCOUVER, British Columbia, Nov. 10 -- Citing its success in developing major alliances with leading companies, 360networks had a record third quarter revenue of $119 million, compared with $111 million during the same quarter last year. Revenue for the first nine months of 2000 reached $353 million, an increase of 50 percent over $235 million for the same 1999 period. Gross profit for the third quarter of 2000 was $51 million, compared with $32 million for the third quarter of last year. Gross profit for the first nine months in 2000 totaled $138 million, up...Read full article

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    Published: November 2000
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