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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: OWN STOCK who wrote (360)7/28/1999 12:28:00 AM
From: pat mudge  Read Replies (2) of 3951
 
I don't think I've ever seen a more beautiful earnings report. I couldn't watch the market today but sure felt like dancing when I saw the report tonight. I added a week ago but now wish I'd been more aggressive.

Before merger expenses, and as illustrated in the table below, operating income was a record $7.3 million for the quarter and was 16.8 percent of revenue. Excluding IOC, operating income was a record $7.7 million. Consolidated operating income increased by 27 percent over the March 1999 quarter and by 522 percent over the prior year quarter. Excluding IOC, the operating margin increased to 18.9 percent versus 17.4 percent in the first quarter and 11.0 percent in the second quarter of 1998. Net income, excluding merger expenses, was a record $5.9 million, or $0.18 per diluted share, up 380 percent from $1.2 million, or $0.04 per diluted share, in the second quarter of 1998. The second quarter diluted earnings per share were computed based on 33.0 million shares, compared to 30.3 million shares in 1998.



Did anyone join the CC? I'll try to listen to a replay later tonight.

Pat
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