SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Splash Technology SPLH up$3
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ken Su who wrote (206)1/13/1998 9:23:00 PM
From: ftmp   of 267
 
SUNNYVALE, Calif., Jan. 13 (Reuters) - Splash Technology
Holdings Inc on Tuesday said it sees a slowdown in the
company's growth as it enters 1998.
"Some of the dynamics in our market are combining to
indicate slower growth for 1998 than we have seen in 1997,"
Chief Executive Officer Kevin Macgillivray, said in a
statement.
Earlier, Splash reported an operating profit of $0.29 a
share on sales of $22.2 million versus a profit of $0.29 a
share on sales of $15.3 million one year ago. Including a $26.9
million charge, Splash reported a net loss of $1.65 a share in
the December quarter.
The December quarter's share profit was based on 14.2
million shares outstanding versus 12.1 million one year ago.
The Dec. quarter also was a stub quarter as the company is
changing its accounting to a calendar year basis.
Macgillivray said Splash is seeing buying patterns change
with ome of its original equipment manufacturer partners.
Splash also expects quarterly revenue patterns to shift
during 1998 with March being the weakest quarter.
Finally, he said Splash will continue to invest heavily in
product and market development for 1998, 1999 and beyond.
Splash, based in Sunnyvale, Calif., develops and makes
computer servers that link between desktop PCs and digital
color laser printers for high-speed, high-quality color
printing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News