Hi, Janice, or others!
Can you interpret me following masterpiece, lol?
#reply-12002568
Revenues for the quarter increased 100 percent to $8,868,529 as compared to $4,443,251 for the preceding three-month period ended June 30, 1998. Net loss for the quarter was 1,912,539 or $.04 per basic share, as compared to a net loss of $2,528,416 or $.05 per basic share for the quarter ended June 30, 1999.
Revenues for the six months ended Sept. 30, 1999 increased 32 percent to $13,311,780 as compared to pro forma revenues of $10,102,259 for the same period ending Sept. 30, 1998. Net loss for the period was $4,440,956 or $0.08 per basic share.
Because e-Medsoft.com did not begin operations until January of the current year, there were no prior year periods presented on a historical basis for year-over-year comparisons.
What I am missing here?
They commence operations in January this year, say there are no prior years, and then they have revs in 1998 which they compare with the actual year.
Even a blind sees that there ran something afoul. But maybe boob simms can enlighen us... |