November 2, 1999 10:30 AM PST
Short Take: GoTo.com reports revenue surge, wider losses
GoTo.com, an Internet search service that sells listings, said that revenue jumped to $8.43 million from $185,000. The company said its pro forma loss widened to $7.6 million, or 18 cents a share, from $5.3 million, or 24 cents, in the year-earlier period. GoTo is a product of Idealab, an Internet venture capital firm headed by Bill Gross, whose firm also backed companies such as eToys and Cooking.com.
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