Reports First Profit; Munder NetNet Invests $30M


NEW reported the first profit in its history, with earnings before interest, taxes, depreciation and amortization of $1.2 million in the second quarter. also reported record revenue of $19.7 million, up 117 percent from $8.8 million in the same quarter a year ago. The company's net loss was $1.2 million ($0.04 a share) compared with a loss of $3.1 million ($0.12 a share) for the same period one year ago.

Each of's businesses--application service provide

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