EarthLink Network ELNK Wraps Your Fish Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EarthLink Network ELNK Wraps Your Fish

ELNK 5.630

0.0%

Mar 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Q. who wrote (28)	5/1/1997 5:34:00 PM
From: Garry Betty	of 220

Hi John, The announcement made on April 25 was unfortunate. Not because it in any way changes the results we posted during the first quarter but that it was simple human error. It is clear that you follow other ISP stocks and you might have noticed that we were the first company to report earnings in our sector. We announced before Netcom, PSI and Mindspring. The releases and financial information had been reviewed with our auditors and even they signed off on the numbers. One of EarthLink's financial staff realized the error, as posted above and we were quick to publish a correction. As stated in my previous post, EarthLink has an excellent financial team. One of the highlights of the first quarter was excellent balance sheet management. EarthLink's revenues increased 27% during Q1 and reduced our accounts receivable from $2.1M down to $1.3M if you exclude the receivables in credit clearing at the end of the quarter (it was around $700K as the quarter ended on a Monday). cgb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next