Mot at this rate;
Superconductor Technologies Inc.
Dow Jones Newswires -- August 4, 1999
DJ Superconductor Tech 2Q Losses 31c/Share Vs 28c
Superconductor Technologies Inc. - Santa Barbara, Calif.
2nd Quar July 3:
1999 1998
Revenue $1,478,000 $2,240,000
Net income (2,412,000) (2,183,000)
Avg shrs 7,744,053 7,723,335
Shr earns
Net income (.31) (.28)
Figures in parentheses are losses.
Superconductor Technologies Inc. (SCON) said increased sales and marketing costs as well as a
reduction in government contract revenues hurt earnings for the latest quarter.
6 Months July 3:
1999 1998
Revenue $2,969,000 $4,144,000
Net income (5,028,000) (4,019,000)
Avg shrs 7,740,267 7,721,787
Shr earns
Net income (.65) (.52)
Figures in parentheses are losses.
Superconductor Technologies makes high-temperature superconductor and cryoelectronic products
for wireless communications.
-Christian Zwahlen; 201-938-5388 |
