TXCC, AMCC,LGTO,VISX beat estimates. TXCC Announces Record Quarterly Revenues and Profitability expected 9 came out with 13 Applied Micro Circuits 2Q Net 22c/Basic Share Vs 55c (beat 2cents) Legato 3Q Net 19c/Diluted Share Vs 11c
SHELTON, Conn.--(BUSINESS WIRE)--Oct. 14, 1998--TranSwitch Corporation (NASDAQ:TXCC - news) announced today that it has posted record revenue and profit for the third quarter ending September 30, 1998.
Total revenue for the third quarter of 1998 was $12,264,000, a 65% increase over the revenue of $7,438,000 reported for the third quarter of 1997. In addition, the Company reported a net income of $1,921,000, or $.13 per share, for the third quarter of 1998, compared to a net income of $178,000, or $.01 per share, for the third quarter of 1998 ______________________________________________________________________ VISX VISX Reports Record Sales and Earnings SANTA CLARA, Calif.--(BW HealthWire)--Oct. 14, 1998--VISX, INCORPORATED (Nasdaq NM Symbol:VISX - news) today announced financial results for the third quarter ended September 30, 1998.
Revenues for the third quarter of 1998 were $35,844,000 compared to $17,967,000 for the comparable period of the prior year. Income from operations for the third quarter of 1998 was $15,843,000 compared to $4,519,000 for the comparable period of the prior year. Net income was $14,732,000 or $0.89 per share in the third quarter of 1998 compared to net income of $5,055,000 or $0.32 per share in the comparable period of the prior year. |