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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (145182)	1/22/2002 6:59:10 PM
From: mishedlo	Read Replies (1) of 436258

Pro forma margins - What next? biz.yahoo.com Emulex's pro forma gross margin continued to expand, rising in the second quarter of fiscal 2002 to 54%, compared with the 52% achieved in the first quarter and up from the 50% achieved in the fourth quarter of fiscal 2001. Pro forma operating margin also expanded sequentially, rising to 25% in the second quarter ended December, up from the 18% recorded in the first fiscal quarter. We are now resorting to pro-forma margins. LOL M

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