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MP3.com beats analysts

25 July 2000 9:28 by Petteri "dRD" Pyyny

MP3.com released their second quarter results today and they beat the analysts' expectations. MP3.com raised their net revenue in this quarter from $1.9 million in last year to $20.2 million.

They also posted their pro forma losses of $5.2 million or 8 cents per share in their second quarter. This beats analysts expectations for losses which were from 13 to 15 cents per share.

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