Hauppauge Digital Reports Fiscal 2000 First Quarter
Financial Results and Two-for-One Stock Split; Revenue
Increase 46%; Net Income Up 55%
Business Wire - February 10, 2000 08:25
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Feb. 10, 2000--Hauppauge Digital, Inc.(NASDAQ:HAUP), the leading developer and manufacturer of digital video TV and data broadcast receiver products for personal computers, today reported financial results for its fiscal first quarter ending December 31, 1999.
Net sales for the quarter increased 46% to $22,043,649 from $15,056,999 for the prior year's first quarter. Net income for the quarter increased 55% to $1,476,000 or $0.34 and $0.30 per share on
a basic and diluted basis, respectively, compared to $953,000, or $0.22 and $0.21 per share on a basic and diluted basis for the prior year's first quarter. ...
more at
go2net.newsalert.com |
