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July 24, 2002 at 08:00 PM
NU Online News Service, July 24, 1:49 p.m. – EBenX Inc., Minneapolis, a company that sells benefits administration technology services, is reporting a $3.1 million net loss for the second quarter on $12 million in revenue, compared with a net loss of $10 million on $7.8 million in revenue for the second quarter of 2001.
The operating loss for the latest quarter, which excludes $367,000 in interest earnings, fell to $3.5 million, from $11 million.
The company still has $42 million in cash and short-term investments.
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