USWEB/CKS has announced it fourth quarter results. Its performance is on the money, and continues to drive forward as it goes through expansion by mergers and organic growth. The expansion is directed at providing end-to-end services, for which the merger with Whittman-Hart is a key component. For users, this means that USWEB/CKS can address high-end projects and leverage its position as a leading internet creative services provider. However, it faces issues of staff retention and retaining its technology agnostic stance.
web designing company
provides Intranet, Extranet and Web site solutions and services to medium-sized and large companies. The company has brought in a stronger than expected quarter, making total revenues for the year of $511M, and $47M (9.2%)after-tax profit excluding non-cash charges. However, the red ink is still there, since when operational expenses and non-cash charges are included, the company lost $175M for the year, comparing favorably with a loss of $188M on $229M in revenues in 1998 (for comparison, much smaller