Quarterly results
Dow Jones Newswires -- April 29, 1997
Lightbridge Inc. Earnings -2: 1Q
Fincl Table
AP-Dow Jones News Service
Lightbridge Inc. - Waltham, Mass.
1st Quar March 31:
1997 1996
Revenues $8,823,000 $6,314,000
Net income 1,768,000 23,000
Avg shrs 16,422,000 13,334,000
Shr earns
Net income .11 ....
Lightbridge Inc. (LTBG) said its latest first quarter earnings
includes an income tax benefit of $1.1 million related to the
release of a deferred tax valuation allowance and utilization
of tax credits. Excluding the tax benefit, net income would
have been $624,000, or 4 cents a share.
Lightbridge provides software and services to wireless
telecommunications carriers. |
