2 Market Gems earnings plays report and beat MCRS +1 3/16, INTU - 1 3/4 (MCRS has been on a 9 period uptrend and today broke through the upper Bollinger Band as a Earnings Play) MCRS kind of play that makes for an intermediate hold. INTU like our other hi-flyers had a very large intraday range yesterday (81-85.3/4) and also broke through the upper bollinger band near the close yesterday for a 1 day gain .. Both plays breaking the resistance...
INTU
Date Open High Low Close Volume
08/25/99 81.000 85.750 80.375 84.625 781,900
MCRS
DATE CLOSE OPEN HIGH LOW VOLUME
8/26/1999 36 11/16
8/25/1999 35 1/2 35 5/8 35 13/16 35 1/4 22,400
8/24/1999 35 3/8 35 1/8 36 1/8 35 35,500
8/23/1999 34 13/16 34 1/2 35 34 1/2 7,300
8/20/1999 34 3/8 34 3/4 35 34 3/8 18,800
8/19/1999 34 3/4 33 29/32 35 33 9/16 20,700
8/18/1999 33 31/32 33 1/2 34 3/16 33 1/8 5,000
8/17/1999 33 1/2 32 3/4 33 11/16 32 3/4 52,900
8/16/1999 33 1/4 31 13/16 33 1/2 31 13/16 25,500
MICROS Reports Record Fiscal Year and Quarterly Results
BELTSVILLE, Md.--(BUSINESS WIRE)--Aug. 26, 1999--MICROS Systems, Inc., a leading supplier of information systems to the hospitality industry, today announced the results for its fiscal 1999 fourth quarter and fiscal year ended June 30, 1999.
Revenue for the quarter was a record $102.7 million, an increase of $19.4 million, or 23.3%, over the same period last year. Net income for the quarter was $9.9 million, an increase of $3.7 million, or 60.5%, over last year's fourth quarter. Earnings per share, on a diluted basis, were $0.58, an increase of $0.22, or 61.1%, over the year ago result of $0.36.
The year ago fourth quarter results reflected a pre-tax charge of $2.2 million, or $0.08 per share on a diluted basis, for MICROS's closure of its European headquarters in Munich, Germany.
For the fiscal year period ended June 30, 1999, MICROS's revenue was $335.1 million, an increase of $54.8 million, or 19.6%, versus last year. Net income for the year was $27.3 million, an increase of $7.7 million, or 39.0%, over the year ago period. Earnings per share for the fiscal year, on a diluted basis, were $1.60, an increase of $0.42, or 35.6%, over last year's result.
The 1998 fiscal year results included the previously mentioned office closure costs and a $0.02 per share charge for an accounting rule change.
The fiscal fourth quarter and year revenue, net income and earnings per share results are all quarterly and fiscal year records for MICROS. |
