Stock #2 today's watch list reports: actual: 0.11 est:0.04 last year-0.15 revenue growth: 93.2% Revenues up 93% to $21.1 million Net Income of $0.12 per share, soars from -$0.15 per share
Stock #5 +15.52% todays WL and EP reporting 11:00 a.m.EST., and Paradyne Reports Third Quarter 1999 Results (Momentum & Earnings play), MCLD..
9> FFIV +38.21%^^ - F5 NETWORKS INC .DCS
Price= 99.1 VL/30= 160.3 %Rnge= 78.0 Sto9V= 87.1
W14dV= N/A %Hi4 = 100.0 1-Dy = 107.7 50MA = 138.5
10MA = 117.8
^^ hot plays status.. watch list & newsletter
Excellent Broadband Revenue Growth and Net Income Performance Recorded for the Third Quarter
LARGO, Fla.--(BUSINESS WIRE)--Oct. 27, 1999-- Paradyne Networks Inc. (Nasdaq:PDYN - news), a leader in broadband access systems, today reported excellent third quarter performance for the quarter ended Sept. 30, 1999. Sales of broadband products reflected strong growth with $40.5 million in revenues, a 55 percent increase over the same period in 1998. Broadband revenues for the first nine months of 1999 were $110 million, a 57 percent increase over the same period in 1998.
Total company revenues for the third quarter were $57.8 million, a 9 percent increase over the same period of 1998. The total company revenues for the first nine months of 1999 increased 15 percent to $162 million, excluding $2.6 million of one-time royalty revenue, as compared to $140.6 million for the nine-month period ended Sept. 30, 1998.
Excluding deferred stock compensation amortization, net income was $2.8 million or $0.09 per pro forma diluted share for the third quarter of 1999. As reported, net income was $1.9 million or $0.06 per diluted share for the third quarter of 1999. This compares to a net loss of $.3 million or $0.01 per share for the quarter ended Sept. 30, 1998.
Net income, as reported, for the nine months ended Sept. 30, 1999 was $3.6 million or $0.12 per diluted share, compared to a net loss of $2.9 million or a loss of $0.11 per share for the same period of the prior year. Excluding one-time royalty and patent sales, deferred stock compensation, and restructuring charges, net income for the nine-month period ended Sept. 30, 1999 was $1.5 million or $0.05 per pro forma diluted share, compared to a net loss of $2.7 million or a loss of $0.11 per share.
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McLeodUSA Posts Record Third Quarter
-- CLEC operations produce 100 percent of revenue and EBITDA growth
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Oct. 27, 1999-- -- Annualized revenue of $960 million
-- EBITDA exceeds $15 million
-- 81,000 new lines sold and over 60,000 new lines in service
-- Sales headcount doubles in 9 months to 750
140 collocations; 890 new route miles of fiber surpassing 9,400 total miles
McLeodUSA Incorporated (Nasdaq:MCLD - news), one of the nation's fastest growing telecommunications companies, today announced results for third quarter 1999.
Total revenue reached a new high of $241.1 million for the quarter ended September 30, 1999, an increase of 8 percent over the previous sequential quarter, and 62 percent over third quarter of 1998. Competitive telecommunications revenue, which includes local and long distance, and private line and data, rose to $146.4 million, up 17 percent over the most recent quarter and 83 percent over third quarter 1998. Private line and data revenues increased to $20.6 million, up 103 percent over the same quarter one year ago.
McLeodUSA reported continued growth in total local lines in service to 616,400 as of September 30, 1999, adding over 60,000 competitive local lines for three consecutive quarters. Total competitive lines in service rose to 516,200, up 13 percent over second quarter and 88 percent over third quarter 1998. Trending upward from 20 percent in first quarter and 30 percent in second quarter, nearly 40 percent of all new lines installed during the quarter were on-net/on-switch as the strategy to serve customers using McLeodUSA facilities gains momentum. |
