This is very good ... coming in near the high end of the expected range
Tue Jul 20 NEON
New Era of Networks, Inc. Reports Second Quarter Results; Announces Initiatives for Improved Performance - PR Newswire
New Era of Networks, Inc. Reports Second Quarter
Results; Announces Initiatives for Improved Performance
ENGLEWOOD, Colo., July 20 /PRNewswire/ -- New Era of Networks(TM), Inc. (Nasdaq: NEON - news) today reported second-quarter results for the period ending June 30, 1999.
NEON achieved second-quarter revenues of $26.1 million, compared to revenues of $11.5 million for the same period last year. The company reported a per-share loss of 19 cents, compared to earnings of 5 cents in the second quarter of 1998, excluding the charges noted below.
Q299 Q298 Growth
Revenue ($000s) 26,141 11,460 +129%
Net Income (Loss)(a) ($000s) (6,053) 951 NM
Per Share(a) ($0.19) $0.05 NM
biz.yahoo.com
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Wednesday July 7, 1999
>>>Analysts surveyed by First Call expected the company to post a profit of 12 cents a share for the second quarter, up from 4 cents in the June 1998 quarter. New Era reported earnings of 11 cents a share in the first quarter of this year.<<<
rd.yahoo.com*http://cbs.marketwatch.com/archive/19990707/news/current/screamers.htx?source=blq/yhoo&dist=yhoo
Wednesday July 7, 1999
The company said it will have a loss of 12 cents to 22 cents a share stemming from infrastructure costs and lower-than- expected sales. It was expected to earn 12 cents, the average estimate of nine analysts polled by First Call. The company said revenue will rise to $25 million to $30 million from $11.5 million a year earlier. The total will be lower than the $29.6 million in first-quarter sales, New Era said.
rd.yahoo.com*http://www.news.com/News/Item/0,4,84-38813,00.html?tt.yfin..txt.ni |
