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Two more Internet business-to-business concerns,






, reported narrower than expected second-quarter losses Wednesday.

Clarus, which sells software that enables businesses to buy and sell products from other businesses, posted a loss of $5.2 million, or 36 cents a share, excluding charges. The seven analysts surveyed by

First Call/Thomson Financial

had projected a loss of 43 cents a share. A year earlier, Clarus posted a loss of $1.7 million, or 15 cents a share.

The company's revenue, something many B2B observers watch more closely than income, climbed to $10 million, up 44% from the previous quarter but off 12% from the year earlier's $11.3 million. The year-on-year comparisons show a decline because Clarus sold its enterprise resource planning-software business last year to concentrate on B2B software. Excluding that unit, Clarus' e-commerce revenue improved 320% from a year ago, the company said.

"The growing demand in the global B2B e-commerce market for all our products, particularly for our newly released, award-winning

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trading exchange, has fueled our strong revenue growth and increased visibility into future earnings, with a 50% increase in off balance sheet backlog," Steve Jeffery, Clarus' president, chairman and chief executive, said in a statement.

Clarus' shares fell 4 1/2, or 10.5%, to close at 38 3/8 ahead of the Atlanta-based company's earnings report on Wednesday. In after-hours trading, the stock rose 1 1/8 to 39 1/2, according to



Separately, webMethods reported a second-quarter loss of $5.1 million, or 16 cents a share, compared with a loss of $900,000, or 15 cents a share, a year earlier. The five analysts surveyed by

First Call/Thomson Financial

had projected a net loss of 19 cents a share in the latest quarter.

The business-to-business, XML-software provider said revenue surged to $15.6 million, up 50% from the previous quarter's $10.4 million and 412% better than the year earlier's $3 million.

"Our quarterly results demonstrate momentum across the board. Our B2Bi solution is in production at more Global 2000 companies than any other B2Bi solution on the market. This proven success coupled with significant partnerships, Global 2000 wins, and a growing global presence has strengthened webMethods' position as the leader in the B2Bi market," Phillip Merrick, webMethods' president and CEO, said in a statement.

WebMethods' shares fell 8 1/8, or 5.8%, to close at 133 1/8 ahead of the Fairfax, Va.-based company's earnings report on Wednesday. In after-hours trading, the stock fell 1/8, to 133, according to Instinet.

Including stock compensation charges, webMethods' net loss was $6.6 million, or 20 cents a share in the latest quarter, compared with $1.2 million, or 21 cents a share, in the year-earlier quarter.