NU Online News Service, July 26, 4:15 p.m. – EBenX Inc., Minneapolis, a company that sells benefits administration services through the Web, is reporting a $10 million net loss for the second quarter on $7.8 million in revenue, compared with a net loss of $1.9 million on $6.4 million in revenue for the second quarter of 2000.
The “pro forma” net loss, which excludes $6.3 million in stock-based compensation and amortization of goodwill, increased to $3.7 million, from $1.4 million.