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New Century.(New Century Equity Holdings Corp. reports operating losses)(Brief Article)(Statistical Data Included)

San Antonio Business Journal

| September 07, 2001 | COPYRIGHT 1990 San Antonio Business Journal, Inc. (Hide copyright information)Copyright

In a still-tough technology market, New Century Equity Holdings Corp. reported an operating loss of $3 million in the second quarter.

Factoring in a $5.8 million loss on its two tech investments, as well as consulting income, New Century posted a net loss of $7 million, or 20 cents a shares, in the three-month period ending June 30.

A year ago, when it was still known as Billing Concepts Corp., the company reported an operating loss of $3.6 million. But New Century has undergone major changes since then: The company sold its LEC Billing, OSC and Aptis Software divisions last October.

However, New Century …

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