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January 3, 1997updated 05 Sep 2016 12:14pm

COMPANY RESULT: SPYGLASS

By CBR Staff Writer

One company very definitely not making any money out of the Internet is the company that licenses the core technology for most vendors’ Web browsers. Spyglass Inc, Naperville, Illinois warns it expects to report revenue of about $4m and a loss per share in the range of $0.10 to $0.13 for its fiscal first quarter to December 31. In the year-ago first quarter, it earned $0.06 a share on $3.85m. the shares took an 11% tumble on the news, falling by $1 at $11.50.

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