Silent Witness Announces First Quarter Results
SURREY, BC, Dec. 7 /CNW/ - Silent Witness Enterprises Ltd. (Nasdaq:SILW)
(TSE:SWE) is pleased to announce its unaudited financial results for the first
quarter, ending October 31, 1999. Revenues increased by 38% to $10,646,630
(CDN) from the same period last year.
Net Income (after taxes) increased by 41% to $1,318,092 from the same
period a year ago. This represents basic EPS of $0.21 or fully diluted EPS of
$0.19 for the quarter.
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Financial Highlights for the First Quarter Ending October 31, 1999
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Quarter ended October 31, 1999 Year Ago
Revenue $10,646,630 $ 7,706,643
Net Income $ 1,318,092 $ 936,799
Basic EPS $0.21 $0.15
Fully Diluted EPS $0.19 $0.14
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Silent Witness Enterprises Ltd. is a Surrey, B.C. based technology
company producing innovative surveillance cameras for global markets.
Approximately 85% of sales come from established distribution channels in the
United States and Western Europe. The Quarterly Report will be available in
mid December 1999 both in printed form and on the website. Please contact
Linda Taylor if you wish to receive a copy of the printed form. For further
information on Silent Witness visit our website at
silent-witness.com or call 1-800-877-2407.
THE TSE/NASDAQ NEITHER APPROVES NOR DISAPPROVES OF THIS NEWS RELEASE.
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For further information: Linda Taylor, Investor Relations,
(604) 574-1526, or (800) 877-2407 |
