>>''I am pleased that during the last half of fiscal 1997 PPT VISION achieved the best sales performance in the Company's history for any six-month period,'' said Mr. Joseph C. Christenson, the President of PPT VISION, Inc. ''I am particularly pleased with the record sales performance in the fourth quarter, with both revenues and unit sales reaching new highs. A significant factor in this performance was continued strong sales to customers in the electronic components area. Concerning future business, we are excited about several new initiatives that are underway, which include the new DSL product line, the world's first completely digital machine vision system, and the Microelectronics Product Group. We are also encouraged by the initial prospects for the high-speed 3D scanning technology which we have licensed from Medar, Inc.,'' continued Mr. Christenson. ''The coming quarters will challenge all of us at PPT VISION as we transition to the new DSL product line and continue to build the Microelectronics Product Group business. I believe that these efforts will pay off in continued strong sales growth well into the future,'' concluded Mr. Christenson. <<
Revenue + 16.6% Vs Year Ago Qtr
Revenue + 12.3% Vs Q3 (sequential Qtr)
Unit Sales + 36% Vs Year Ago Qtr
Unit Sales + 8.8% Vs Q3 (sequential Qtr)
Zacks Est = 0.06
First Call Mean = 0.07 ( hi = 0.07 lo = 0.06 )
Solid top line growth growth, and positive forward looking statements.
Electrical componets sector results sound encouraging. Must have had a higher % of Scout Vs Passport unit sales (lower cost unit) 97 Vs 96.
Neil |
