Infodata Announces First Quarter Results.(Brief Article)

Infodata, a Web-based content management and e-business company, reported that revenues for the first quarter ended March 31, 2001 were $3.62 million, a 33 percent increase over revenues of $2.73 million for the first quarter of 2000. The first quarter revenues also reflect a 19 percent growth over the fourth quarter of fiscal year 2000. Infodata reported a net income of $470,000 for first quarter of 2001 compared to a net loss of $182,000 for the first quarter of 2000 and a net loss of $1.28 million for the fourth quarter of 2000. The first quarter net income included a gain of $