| Business Summary | | Concero,
Inc.
is
an
e-business
services
firm
that
offers
strategic
consulting
skills
with
deep
technology
and
integration
expertise.
This
combination
enables
the
Company
to
utilize
existing
and
new
technologies
to
provide
reliable,
flexible
and
scalable
e-business
solutions.
Concerto's
alliances
with
Internet
and
interactive
television
technology
providers
allow
the
Company
to
gain
a
thorough
understanding
of
their
products
and
perspective
on
other
products,
as
well
as
next-generation
technologies.
Using
its
technology
insight
and
skills,
the
Company
assists
its
clients
to
define,
design,
develop
and
deploy
e-business
solutions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Concero
is
an
e-business
services
firm
that
offers
strategic
consulting,
and
helps
clients
to
define,
design,
develop
and
deploy
e-business
solutions.
For
the
six
months
ended
6/30/01,
revenues
fell
52%
to
$15.2
million.
Net
loss
totalled
$12.5
million,
vs.
an
income
of
$1.7
million.
Revenues
reflect
the
decreased
demand
for
e-business
solutions.
Net
loss
also
reflects
a
$7.4
million
charge
associated
with
workforce
reductions,
elimination
of
assets,
and
bad
debt
reserves. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Wade Saadi, 50 Chairman | -- | Timothy Webb, 39 Pres,
CEO | $331K | Keith Thatcher, 41 Sr.
VP-Fin., CFO, Treasurer | -- | Pedro Fernandez, 34 Sr.
VP, Marketing and Corp. Strategy | 222K | Dean Blythe, 41 Sr.
VP, Corp. Devel. | -- | Dollar amounts are as of 31-Dec-1999 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
|
|