To S.Hamilton - I guess not everyone thinks CUBE'S earnings were such a shortfall as your wonderful broker friends predicted. I'm sure they ,like George Clinton, expected earnings to be about .35. Actually you sound a lot like George Clinton and I notice he hasn't been barking on here for awhile! Hmmmmmmmmm!
Apr 10, 1997
C-Cube Q1 A Pretty Picture
(04/10/97; 5:05 p.m. EDT)
By David Braun, TechInvestor
MILPITAS, Calif. -- C-Cube Microsystems, a market leader in digital video, presented
Thursday a pretty picture of its financial status by reporting first-quarter earnings two
pennies ahead of market estimates.
For the three months ended March 31, C-Cube reported sales of $94.1 million, up 38
percent from the $68.1 million reported in the first quarter of 1996 and down 1 percent
from the $95.5 million reported in the fourth quarter of 1996.
Net income for the first quarter was $15.4 million, or 41 cents a share, up 13% on
$13.6 million, or 38 cents a share, in the first quarter of 1996 and down 11% from
$17.3 million, 45 cents a share, in the fourth quarter of 1996.
Related articles from:
Search TechWire & CMP Archives
Sponsored By:
Search All of CMP's
Publications:
Advanced Search
+ TechWire
+ Company Releases
Sign up here for Market
Wrap, our new daily
newsletter
TextHTML
The data you need to stay
on top of the market
Our daily lowdown on the
hottest tech stocks
In-depth reports and
listings on the latest
high-tech IPOs
The high-tech investors
best list
What the smartest
newsletters are saying
about tech stocks
|
