Lycos Quartalsergebnis - 500 Beiträge pro Seite

[Shylock]

Lycos tritt in die Gewinnzone ein !

0,03 US$/share !!!

http://www.newsalert.com/bin/story?StoryId=CokJDubKbyte3mtu&…


mfg Shylock

[buckweiser]

Lycos Reports 120% Increase in Revenues
Pro-Forma EPS of $0.03 per share Sequential E-Commerce Revenues Increase over 42% 23% Sequential Growth in Quarterly Traffic
WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 15, 2000-- Lycos, Inc. (NASDAQ:LCOS - news), the Internet`s premier global media network, today announced financial results for its second quarter ended January 31, 2000. Revenues for the quarter were $68.6 million, representing an increase of 23% over the previous quarter ended October 31, 1999 and a 120% increase over the comparable period from the previous fiscal year. The Company reported a profit of $3.0 million or $0.03 per share for the quarter before amortization of goodwill, merger-related expenses and other non-recurring items. This compares to a net loss of $1.6 million or ($0.02) per share before amortization of goodwill for the comparable period from the previous fiscal year. In addition, the Company generated more than $11 million in cash during the quarter, net of acquired cash and proceeds from its $445 million secondary offering which closed at the end of the quarter.

``We continue to operate the Internet`s premier network of brands and have seen continued momentum in revenue, page view growth and margins,`` said Robert J. Davis, President and CEO of Lycos. ``Further, with the launch of services in seven Latin American countries and our newly announced joint venture with Bell Canada, which makes us the number one portal in Canada, our International operations witnessed great expansion and progress.``

Worldwide traffic to the Lycos Network totaled 122 million page views per day. U.S. traffic grew by 23% to 101 million page views per day during the quarter, while international operations now serve an incremental 21 million page views per day. Our global media network today offers services in 24 countries throughout the world through joint ventures with several world-class partners.

``Once again we have posted strong revenue growth along with significant operating leverage in our business model,`` said Edward M. Philip, Lycos` Chief Operating Officer and Chief Financial Officer. ``The holiday season was particularly strong for our e-commerce business, as those revenues grew by over 42% this quarter. In addition, the Lycos Network model has allowed us to leverage economies of scale to drive profitability, resulting in substantially improved operating margins of nearly 5% this quarter,`` added Philip. ``The strength of our Lycos Network model as well as our global leadership position remain two important themes in our business.``

Key accomplishments for the quarter:

Strategic Milestones

$445 million raised in secondary offering of 6 million shares of Lycos Common Stock.
Ericsson and Lycos announced an agreement to deliver Internet content to wireless service users. Ericsson is a world leader in mobile systems connecting nearly 40 percent of the world`s mobile callers. Lycos and Ericsson are well-positioned to capitalize on the immense market opportunity created by the convergence of wireless and Internet.
Lycos entered into an agreement to acquire in stock and warrants of up to 15 percent of Fast Search & Transfer (FAST), a leading Internet search technology provider. FAST is a strategic provider of various search technologies to the Lycos Network, including MP3 search, multimedia search, music hosting and FTP search.
Internet Commerce Services Corporation (iCOMS), a leading commerce applications services provider, and Lycos have entered into a long-term strategic relationship in which Lycos acquired a 14 percent stake in iCOMS.
Lycos Japan raised an additional $32 million of financing and added Kadokawa Shoten, a leading media company, to the Joint Venture as a 7.4% partner with Lycos, Inc., Sumitomo Corporation, and Internet Initiative Japan.
Bell Canada and Lycos announced the creation of a new Internet company, Sympatico-Lycos, to provide Canadians with expanded Internet resources for the business-to-consumer marketplace. The move establishes Lycos as the number one player in the Canadian Internet market as the joint venture becomes the exclusive consumer portal for Sympatico dial-up and broadband services. As part of the agreement, Bell Canada will invest $45 million in the venture. Separately, Bell ActiMedia and Lycos signed a $40 million multi-year distribution agreement. Under the terms of the agreement, Bell products and services will be promoted to users who access the Lycos Network from Canada.
Subsequent to quarter end, Lycos acquired Valent Software, maker of NetClubs, a leading Internet community services platform, for $45 million in stock. Valent`s NetClubs powers Lycos Clubs, a core community service within the Lycos Network providing the infrastructure and tools to link more than 62,000 separate online clubs that convene regularly across the Lycos Network.
E-commerce and Advertising

LYCOShop showed a 450 percent increase in shoppers during the holiday season as compared to the same period in 1998. LYCOShop soared to 2,400 stores in eleven weeks. LYCOShop`s extensive list of retailers includes, among others: The Gap, Barnes&Noble.com, L.L. Bean, Patagonia, KBkids, and OfficeMax.
RealEstate.com and Lycos announced a two-year strategic agreement to incorporate the company`s real estate content and related services in the Lycos Network. The multi-million dollar agreement includes RealEstate.com phased content integration and promotion throughout the Lycos Network, as well as anchor sponsorship of its Real Estate Web Guide.
Frictionless Commerce Incorporated, a leader in next-generation comparison shopping-services for high-traffic Web sites, and Lycos announced a powerful Internet service for comparing and buying products called the LYCOShop Product Comparison Service (http://shop.lycos.com/compare). Lycos has also made a strategic investment in Frictionless Commerce.
The Lycos Network

The popular Lycos Network search site HotBot (www.hotbot.com) was selected in a recent ``Wall Street Journal`` survey as the favorite search engine.
AOL and Lycos announced a strategic alliance to bring a co-branded AOL Instant Messenger (AIM) service to Lycos. The service links Lycos users with the 34 million registered users of AIM and members of AOL`s Buddy List Network. In addition, Lycos` distribution with Netscape was significantly expanded in scope and duration.
Other Financial Information

Revenues for the six-months ended January 31, 2000 increased 121% to $124.4 million from $56.3 million in the comparable period of 1999.
Operating profit before amortization of goodwill and one-time expenses improved from a loss of $3.2 million in the quarter ended January 31, 1999 to a profit of $3.2 million in the quarter ended January 31, 2000. After adjustment for intangible assets amortization and one-time expenses, net loss per share for the quarter ended January 31, 2000 was $0.31.
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the level of usage of the Internet and traffic to the Company`s Internet site, continued acceptance of the Company`s products, demand for Internet advertising, seasonal trends in advertising sales, the advertising budgeting cycles of individual advertisers, capital expenditures and other costs relating to the expansion of operations, the introduction of new products or services by the Company or its competitors, the mix of the services sold and the channels through which those services are sold, pricing changes, general economic conditions and specific economic conditions in the Internet industry and other risks detailed in the Company`s filings with the Securities and Exchange Commission.

About Lycos, Inc. (http://www.lycos.com)

Founded in 1995, Lycos, Inc. is a leading Web media company and owner of the Lycos Network, one of the most visited hubs on the Internet reaching nearly one out of every two U.S. Web users. The Lycos Network is a unified set of Web sites, attracting a diverse audience by offering a variety of services, including leading Web search and navigation resources; Web community and communications services including free homepage building, free Web-based e-mail, clubs, chat, instant messaging; a personalized My Lycos start page; a comprehensive shopping center featuring more than 2,400 merchants; and an assortment of compelling content such as games, music, news, fun and educational information and activities for kids as well as information about investing, technology, entertainment, sports, small business, travel and more. The Lycos Network is composed of Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News, Webmonkey, Suck.com, Sonique, Quote, Gamesville and Lycos Zone. Headquartered near Boston in Waltham, Mass., Lycos, Inc. is a global Internet leader with a major presence throughout the U.S., Europe, Asia and Latin America.

(c) 2000 Lycos, Inc. all rights reserved. Lycos® is a trademark of Carnegie Mellon University. All other product or service marks mentioned herein are those of respective owners.
-0-


LYCOS, INC.
PRO FORMA CONSOLIDATED STATEMENTS OF OPERATIONS
EXCLUDING MERGER AND ACQUISITION-RELATED EXPENSES
AND OTHER NON-RECURRING ITEMS (1) (2)
(In thousands except per share data)

Three Months Ended Six Months Ended
January 31, January 31,
----------------- ----------------
2000 1999 2000 1999
----------------- ----------------
(Unaudited) (Unaudited)
Revenues:
Advertising $44,327 $21,452 $83,166 $39,082
E-Commerce, license
and other 24,248 9,664 41,267 17,173
----------------- ----------------

Total revenues 68,575 31,116 124,433 56,255

Cost of revenues 12,356 6,574 24,354 11,964
----------------- -----------------

Gross profit 56,219 24,542 100,079 44,291

Operating expenses:
Research and development 11,219 6,185 21,027 11,579
Sales and marketing 35,439 18,135 67,945 34,339
General and administrative 6,383 3,387 13,641 5,990
----------------- -----------------

Total operating expenses,
excluding merger and
acquisition-related
expenses and other
non-recurring items 53,041 27,707 102,613 51,908
----------------- -----------------

Pro forma operating
income (loss),
excluding merger and
acquisition-related
expenses and other
non-recurring items 3,178 (3,165) (2,534) (7,617)

Interest income, net 2,239 1,574 4,110 3,470
----------------- ----------------

Pro forma net income
(loss), before taxes,
excluding merger and
acquisition-related
expenses and other
non-recurring items 5,417 (1,591) 1,576 (4,147)
----------------- ---------------

Provision for income taxes 2,400 -- 1,242 --
----------------- ---------------

Pro forma net
income (loss),
excluding merger and
acquisition-related
expenses and other
non-recurring items $3,017 $(1,591) $334 $(4,147)
================== ================

Pro forma basic and
diluted net income
(loss) per share,
excluding merger and
acquisition-related
expenses and other
non-recurring items $0.03 $(0.02) $0.00 $(0.05)
================= ================

Weighted average shares
used in computing pro forma
net income (loss) per share
excluding merger and
acquisition-related
expenses and other
non-recurring items (2) 101,427 89,518 100,325 88,471
================== =================

(1) These pro-forma consolidated financial statements exclude merger
and acquisition related expenses, including the amortization of
goodwill and non-recurring expenses and gains related to: a legal
settlement, international joint ventures and Lycos Ventures, L.P.
They do not purport to be financial statements prepared in
accordance with Generally Accepted Accounting Principles.

(2) These pro-forma consolidated financial statements have been
restated to reflect the acquisition of Gamesville, Inc.,
accounted for as a pooling of interests. Weighted average shares
used in computing basic and diluted pro forma net income (loss)
per share for the three and six months ended January 31, 2000
include Lycos common stock from the conversion of Gamesville,
Inc. common stock and preferred stock on December 3, 1999, which
is included as outstanding for all periods presented, and the
conversion of Quote.com, Inc. common stock, preferred stock and
warrants on December 6, 1999.

LYCOS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS (1)
(In thousands except per share data)

Three Months Ended Six Months Ended
January 31, January 31,
------------------ ----------------
2000 1999 2000 1999
------------------ ----------------
(Unaudited) (Unaudited)
Revenues:
Advertising $44,327 $21,452 $83,166 $39,082
E-Commerce, license
and other 24,248 9,664 41,267 17,173
------------------ ------------------

Total revenues 68,575 31,116 124,433 56,255

Cost of revenues 12,843 6,574 24,842 11,964
----------------- ------------------

Gross profit 55,732 24,542 99,591 44,291

Operating expenses:
Research and development 11,655 6,185 21,463 11,579
Sales and marketing 35,439 18,135 67,945 34,339
General and administrative 8,703 3,387 15,961 5,990
Amortization of
intangible assets 31,445 12,277 59,681 23,413
----------------- -------------------

Total operating
expenses 87,242 39,984 165,050 75,321
----------------- ------------------

Operating loss (31,510) (15,442) (65,459) (31,030)

Interest income, net 2,239 1,574 4,110 3,471
Equity share of income
in affiliates, net 1,887 -- 1,887 10,120
------------------ -------------------

Net loss before
income taxes $(27,384) $(13,868) $(59,462) $(17,439)

Provision for income taxes 3,611 -- 2,453 --
-------------------- ------------------

Net loss $(30,995) $(13,868) $(61,915) $(17,439)
==================== ===================

Basic and diluted net
loss per share $(0.31) $(0.16) $(0.63) $(0.20)
==================== ===================

Weighted average shares
used in computing net
loss per share (1) 101,427 89,518 100,325 88,471
=================== ===================


(1) These consolidated financial statements have been restated to
reflect the acquisition of Gamesville, Inc., accounted for as a
pooling of interests. Weighted average shares used in computing
basic and diluted net loss per share for the three and six months
ended January 31, 2000 include Lycos common stock from the
conversion of Gamesville, Inc. common stock and preferred stock
on December 3, 1999, which is included as outstanding for all
periods presented, and the conversion of Quote.com, Inc. common
stock, preferred stock and warrants on December 6, 1999.


LYCOS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (1)
(In thousands)


January 31, July 31,
------------ -----------
2000 1999
------------ -----------
(Unaudited)
Assets
Cash and cash equivalents $ 626,985 $ 166,506
Accounts receivable, net 31,975 25,830
License fees receivable 176,360 119,872
Property and equipment, net 9,260 7,726
Investments 232,102 48,001
Intangible assets 523,001 505,682
Other assets, net 15,078 16,182
---------- ----------

Total assets $1,614,761 $ 889,799
========== ==========


Liabilities and stockholders` equity
Accounts payable and accrued expenses $ 50,564 $ 24,692
Deferred revenues 173,955 119,950
Other liabilities 9,241 5,687
---------- ----------

Total liabilities 233,760 150,329
---------- ----------

Stockholders` equity 1,381,001 739,470
---------- ----------

Total liabilities and
stockholders` equity $1,614,761 $ 889,799
========== ==========

(1) These consolidated financial statements have been restated to
reflect the acquisition of Gamesville, Inc., accounted for as a
pooling of interests.



--------------------------------------------------------------------------------
Contact:
Lycos, Inc. Lycos, Inc.
Ted Philip Michele Perry
Chief Financial Officer Director of Communications
781-370-2700 781-370-2700

[teldaman]

nachboerslich 74 (+4,5)

sind gar nicht schlecht die zahlen, obwohl investitionen ganz schon geld gekostet haben.

let-s go to 134 $

[pagl]

Nachbörslich hat der Kurs ja ganz schön angezogen, aber wie wird es heute weitergehen?

Die Zahlen waren beeindruckend, ebenso der Expansionskurs des Unternehmens. Leider scheint Lycos noch wie ein Aschenbrödel neben Yahoo behandelt zu werden.

Kommt in den nächsten Tagen der Prinz?

Grüße Pagl

[Bullentatze]

Hallo Lycos-Fans,
laßt euch doch nicht gleich entmutigen, wenn die Aktie nicht sofort +100% nach den Quartalszahlen macht. Die Fundamentals stimmen und weisen bereits jetzt einen Gewinn je Aktie von 3 Cent auf!
Das müssen andere Internetfirmen erst einmal bei gleichem Aquisitionsrahmen erreichen! Selbst wenn es jetzt nicht sofort honoriert wird, langfristig werden sich solche Zahlen durchsetzen müssen!
Spätestens wenn andere in der Verlustzone bleiben, oder nicht die in sie gesetzten hohen Erwartungshaltungen erfüllen, wird spontan ein Umsprung auf z.B. Lycos erfolgen!
Ich bleibe bei Lycos bullish, spätestens Ende des Jahres werden wir vermutlich über diese Diskussion lachen und sagen: Ja damals,... da haben wir noch gedacht....

Gruß Bullentatze

[Shylock]

Lycos im Analystenfeuer !


Bear Stearns erhöht die Prognosen für Lycos

Merryl Lynch erhöht rating von "Accumulate" auf "Near Term Buy"

Warburg bestätigt "Buy" rating


nachzulesen unter quote.yahoo.com

ma schaun was der kurs so macht !

ich denke wir werden trotzdem so schnell nicht ausbrechen, natürlich hätte ich nichts dagegen !


mfg

Shylock