For the quarter, Globix posted record revenue of $26.8 million, a 50% increase over revenue of $17.9 million in the second quarter of fiscal 2000. Internet revenue for the quarter was 94% of total revenue, or $25.1 million, a 143% increase over the same quarter last year.
EBITDA loss was $12.0 million for the quarter, compared to $15.4 million for the same quarter last year, a 22% decrease and down 21% from the $15.2 million for the first quarter of fiscal 2001, which ended December 31, 2000.
Net interest expense was $11.7 million for the quarter ending March 31, 2001.
For the quarter, net loss attributable to common stockholders was $33.7 million, or $0.87 per share based on 38.7 million shares.
Our top priority has been strengthening our revenue base while keeping a tight reign on costs, said Marc H. Bell, Chairman and CEO. Our success is evident in the results for our second quarter, as revenues and customer count have increased despite turning off approximately 40 dot-com customers, and as our losses have decreased year over year and sequentially from last quarter. With our new data centers in New York and London now being pre-sold, we remain optimistic about demand.
Market turmoil and economic uncertainty have been major factors in our industry, said Brian Reach, Senior Vice-President and Chief Financial Officer. We continue to be committed to reducing our operating costs and reaching profitability. Not only did we see smaller losses in the quarter, but our receivables also dropped to $20.4 million in the second quarter, down from $21.4 million at September 30, 2000, and down sequentially from $22.7 million in the fiscal first quarter. With more than 72% of our recurring revenue being generated from enterprise customers, our revenue mix is one of the best in the industry. We will remain conservative in our guidance, given our current capacity constraints and our expectations for the continued replacement of higher-risk clients with more stable, creditworthy ones.
