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Metawave earnings jump 122%

REDMOND, Wash.-Metawave Communications Corp. said its revenues jumped 122 percent for the fourth quarter, which ended Dec. 31, 2000, coming in at $18.9 million.

Gross profit for the company’s fourth quarter was $6.4 million, compared to the third quarter’s $4.4 million.

Metawave registered a pro forma net loss in the fourth quarter of $4.8 million.

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