This is the part I liked:
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 18, 2000--Splash Technology Holdings, Inc. ("Splash" or the "Company,") (Nasdaq:SPLH), a leading international supplier of color servers that transform printing engines into powerful networked printers, today reported operating results for the fourth quarter and year ended December 31, 1999.
Net revenue increased by 27% in the 1999 fourth quarter to $20.0 million from $15.7 million in the 1998 fourth quarter. Net income for the 1999 fourth quarter was $1.8 million, or $0.13 per share, compared to net income of $1.9 million, or $0.14 per share, in the similar period last year.
"We are excited by our fourth quarter revenue gains," stated Kevin Macgillivray, Splash chief executive officer. "This is a strong ending to 1999. We believe the sales growth indicates both increasing demand for Splash products, particularly the new Splash G610 color server announced in September, and renewed channel sales momentum heading into 2000."
For the year ended December 31, 1999, net revenue was $70.0 million, compared to $84.8 million a year ago. 1999 net income was
$5.8 million, or $0.41 per share, compared to $13.3 million, or $0.94 per share in 1998. |
