Security First Technologies Corp. said its fourth-quarter revenues rose 184%, to $9.7 million.

The company, which sells Internet-based home banking software and outsourcing services to banks, exceeded Wheat First Union's revenue expectation of $7.6 million.

The net loss from operations, excluding charges, narrowed to $4.6 million from $5.8 million.

Wheat First Union analyst Charles Wittmann had expected Security First Technologies to lose 43 cents a share, 4 cents more than what was reported.

Security First said its 1998 milestones included software installations at Republic Bank of New York, Regions Bank of Alabama, and Principal Financial Group.

The company, which sold its affiliated Internet bank to Royal Bank of Canada last July, said it has 100 financial institutions as customers, including 14 of the 100 largest in the United States.

It said its software is handling 542,000 banking accounts, up 938% from a year earlier.

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