BRCD..LVCI both up on instinet.. 2 another earnings play report. LVCI posted a 311% increase in profits with 100% rise in revenue and LVCI was up over 2 points in instinet
as luck would have it BRCD begins to trade options tomorrow of all times, otherwise I would have gotten in..
Brocade Comms BRCD actual 0.12 expected 0.08 -0.17 revenue 456.6%
Laser Vision LVCI 0.12 a 0.10 0.05 100.3%
Monday November 29, 4:12 pm Eastern Time
Company Press Release
Laser Vision Centers, Inc. Second-Quarter Profits Up 311% -- Revenues Up 100%
ST. LOUIS--(BW HealthWire)--Nov. 29, 1999--Laser Vision Centers, Inc. (Nasdaq:LVCI - news), announced today that revenue for its second quarter ended October 31, 1999, was $20,835,000, compared to $10,402,000 for the same period a year ago.
Revenue for the six-month period ended October 31, 1999, was $41,834,000, up from $19,512,000 for the same six-month period a year ago.
Net income for the quarter was $3,935,000, or $0.15 per share ($0.14 per share diluted), compared to a net income of $958,000, or $0.05 per share, for the quarter ended October 31, 1998. For the six-month period ended October 31, 1999, net income was $8,068,000, or $0.32 per share ($0.28 per share diluted), compared to $1,290,000, or $0.06 per share, for the same period a year ago. The Company noted that, excluding a tax benefit of $590,000 for the quarter and $1,337,000 for the six-month period ended October 31, 1999, earnings per share (EPS) were $0.13 basic and $0.12 diluted for the quarter and $0.27 basic and $0.24 diluted for the six-month period. |
