Stakes in Illinois and Maryland ventures eroded in tough market, but Web-based clinical trials software firm claims light ahead. Maker of nanoengineered products also beats analysts' EPS estimates by 4 cents. Internet service provider posts lower loss and higher sales in first quarter. It said it expects to achieve positive cash flow by 2002. NetSpeak sales drop by more than half, while losses more than double.
Company blames slowdown in the telecom sector.
Web-conferencing company expects to reach profitability in 2002. Inc. All Rights Reserved.