PUMA has its first positive quarter!
Puma Technology, Inc. Announces Fourth Quarter 1999 Operating Results
SAN JOSE, Calif., Aug. 26 /PRNewswire/ -- Puma Technology, Inc. (Nasdaq: PUMA - news) announced the results of its fiscal 1999 fourth quarter ended July 31, 1999. Revenue for the quarter was $5,714,000, compared to $4,602,000 in the fourth fiscal quarter of 1998. Diluted earnings per share was $.09 compared to a pro-forma loss per share of ($.15) in the fourth quarter of fiscal 1998. The pro-forma loss per share in the fourth quarter of fiscal 1998 excluded a one-time charge of $2,155,000, ($0.18) per share, for in-process research and development in conjunction with the acquisition of SoftMagic Corporation in July 1998. Reported loss per share in the fourth quarter of fiscal 1998, including this one-time charge, was $(.33).
Revenue for the fiscal year ended on July 31, 1999 was $20,043,000 compared to $22,308,000 for fiscal 1998. Reported diluted loss per share for fiscal 1999 was $(.13) as compared to a reported diluted loss per share of $(.22) for fiscal 1998. The pro-forma loss per share for the fiscal year ended July 31, 1999, which excludes the restructure charge of $768,000, was $(.07). The pro-forma diluted loss per share for the fiscal year ended 1998 was ($.04). This excludes the one-time charge of $2,155,000 related to the acquisition of SoftMagic. |
