| Business Summary | | Verado
Holdings,
Inc.
is
a
provider
of
outsourced
data
center,
managed
services
and
Web
and
application
hosting
solutions
for
businesses.
The
Company
provides
customers
space,
power
and
Internet
access
within
its
nine
geographically
dispersed
data
centers.
Verado
also
provides
dedicated
servers
that
are
Internet-connected
servers,
packaged
as
a
complete
Web,
database
or
application
hosting
solution.
The
Company's
managed
services
allow
customers
to
obtain
functions
that
would
be
typically
performed
by
an
in-house
Information
Technology
department. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Verado
Holdings,
Inc.
is
a
network-based
provider
of
Internet,
data
and
communications
services,
mainly
data
center,
co-location
and
application
hosting
services.
For
the
six
months
ended
6/30/01,
revenue
rose
78%
to
$9.6
million.
Net
loss
from
continuing
operations
before
extraordinary
item
rose
42%
to
$65.6
million.
Revenues
reflect
higher
data
center
revenues
due
to
the
addition
of
new
customers.
Higher
loss
reflects
increased
depreciation,
amortization
and
impairment
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Sturm, 69 Chairman | -- | J. Thomas McGrath, 54 Pres,
CEO, Director | $297K | Steve Butler, 41 CFO | -- | David Gandini, 43 COO | 460K | Scott Chase, 31 Exec.
VP, Corp. Strategy and Bus. Devel. | 172K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|