For the first three months ending Feb. 28, 1999, the Bridges Initiatives (Bridges.com) achieved a net income of $267,134 resulting in earnings of three cents per share. Revenues of $1,042,199 with expenses of $684,357 and amortization of $90,708, compared with a reported net income of $102,053 on revenues of $605,892 for the first quarter of fiscal 1998.
For the first six months ended May 31, 1999, Bridges.com reported a net income of $391,078, resulting in earnings of four cents per share. The company reported revenues of $2,119,969 with expenses of $1,537,475 and amortization of $191,416. This compares to a reported net income of $14,007 on revenues of $1,036,754 for the first six months of 1998
Earnings of .01 share for the quarter...revenues were the same but expenses were up. Don't own any but have been following and waiting to see these results. I think this is far below what people were expecting.
Best Regards
KEITH |
