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September 29, 1998

COMPANY RESULT: DATA BROADCASTING CORP

By CBR Staff Writer

Data Broadcasting Corp, Jackson, Wyoming provider of real-time online financial information, has reported a fourth-quarter net loss of $396,000 on revenue down 7.2% at $21.6m, down from a loss of $775,000 a year ago. For the year, net loss was $4.8m on revenue down 2.8% at $89.9m, against a loss of $18.3m last year. Results for the quarter include $1.0m in one-time charges related to potential acquisitions and restructuring, while results for the year-ago quarter include a loss of $1.3m from discontinued operations. Results for the year include a loss of $7.0m from discontinued operations and prior-year results include a similar loss of $23.7m.

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