QMDC was a buy this morning after earnings came out at 7:30 a.m. I have yet to be filled at 31 5/8. GNCI earnings out last night a buy at 39 3/4. DH earnings were above expectations was a buy 78 3/4. SMRT was sold after earnings came and stock was up just a bit, SZA, CRN were buys. PSUN had a little extra this morning was a sell at 35 after a 2 point run. TEX's volume up and I'm watching it this morning.
In FLC, FGII this morning holding PTEN.
QuadraMed Corporation Reports Record FourthQuarter Results<QMDC.O>
QuadraMed Corporation Reports Record Fourth
Quarter Results
LARKSPUR, Calif.--(BUSINESS WIRE)--March 3, 1998--
-Revenues Increased 86% Over Last Year's Comparable Quarter-
QuadraMed Corporation (NASDAQ: QMDC) announced today record
results for the fourth quarter and year ended December 31, 1997.Revenues for the fourth quarter ended December 31, 1997 increased
86% to $14,208,000, compared to $7,657,000 in the same period last
year. Excluding a charge in the fourth quarter for acquired in-process
research and development of $38,544,000 associated with the
acquisition of Medicus Systems Corporation, other non-recurring
charges associated with completed acquisitions and non-recurring costs
of $6,774,000, QuadraMed reported fourth quarter earnings of
$2,745,000 or $0.21 per diluted share compared to a net loss of
$406,000, or $0.06 per diluted share in the same period last year. |
