SPORTSLINE USA REPORTS RECORDS IN WEB TRAFFIC AND 4Q REVENUE
SportsLine USA announced record revenue and site
traffic for the fourth quarter ended December 31, '97.
Quarterly revenue increased to $4.4M, up 250% from the $1.3M
in '96's same quarter. Traffic on SportsLine's Web sites
grew 250%, averaging 2.8 million page views daily in '97, as
compared to 800,000 daily in '96. SportsLine's net loss for
the quarter was $7.2M, or $0.42 per share, compared to
$4.2M, or $0.45 per share in the '96 quarter (SportsLine).