[0] Net Perceptions Reports Q2 Revenues Up 341% Year-Over-Year Key Customer Wins Include Best Buy.com, Palm Inc., Warner Music Group, Samsung Corp., Williams-Sonoma, and Cabelas.com.

Extract

---

[0] Net Perceptions Reports Q2 Revenues Up 341% Year-Over-Year Key Customer Wins Include Best Buy.com, Palm Inc., Warner Music Group, Samsung Corp., Williams-Sonoma, and Cabelas.com.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--July 24, 2000

NETP ends quarter with $115+ million in cash;

Operating margin continues to improve

Net Perceptions, Inc. (Nasdaq: NETP) today announced record revenues of $12.4 million for the second quarter ended June 30, 2000, the 12th consecutive quarter of strong revenue growth. Second quarter revenues were up 341% over the $2.8 million reported in the same period last year and up 31% from the $9.5 million reported in the first quarter of 2000. The company reported a pro forma net loss for the quarter of $4.0 million, or ($0.15) per share, before the amortization of intangibles and st...

See the full content of this document

---