Infosys: First Indian Company on NASDAQ Message Board

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Technology Stocks : Infosys: First Indian Company on NASDAQ

INFY 17.82

-1.2%

Jan 9 9:30 AM EST

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To: 2MAR$ who wrote (59)	4/11/2000 1:24:00 AM
From: 2MAR$	Read Replies (1) of 67

INFY.O> U.S. GAAP earnings 47cents =2 Results as per U.S. GAAP, year to March 31, 2000 (amount in US $ million unless stated) 2000 1999 Net income 61.34 17.45 Revenues 203.44 120.96 Gross profit 92.36 55.62 Amortization of deferred stock compensation expense 5.12 3.65 Compensation arising from stock split - 12.91 Earnings per ADS in US$: - Basic 0.47 0.14 - Diluted 0.47 0.14 Total assets 219.28 153.66 Cash and cash equivalents 116.60 98.87 . NOTE: The results are audited. Two American Depositary Shares (ADS) equal one equity share. The company said the basic and the diluted earnings per ADS (REUTERS) Infosys<INFY.O> U.S. GAAP earnings 47cents =2 Infosys<INFY.O> U.S. GAAP earnings 47cents =2 Results as per U.S. GAAP, year to March 31, 2000 (amount in US $ million unless stated) 2000 1999 Net income 61.34 17.45 Revenues 203.44 120.96 Gross profit 92.36 55.62 Amortization of deferred stock compensation expense 5.12 3.65 Compensation arising from stock split - 12.91 Earnings per ADS in US$: - Basic 0.47 0.14 - Diluted 0.47 0.14 Total assets 219.28 153.66 Cash and cash equivalents 116.60 98.87 . NOTE: The results are audited. Two American Depositary Shares (ADS) equal one equity share. The company said the basic and the diluted earnings per ADS have been retroactively restated to reflect the increased number of ADS outstanding resulting from the stock split of two-for-one announced during the three months ended December 31, 1999 and the issue of ADS consequent to the exercise of ADS stock options. It said there was a stock dividend of two-for-one during the three months ended March 31, 1999 owing to which, there was an acceleration of the deferred stock compensation of $12.91 million as a charge to the income statement in the three months ended March 31, 1999. ((Bombay Newsroom +91-22-265 9000; fax 91-22-264 1708; bombay.newsroom@reuters.com)) REUTERS * end of story * * end of story *

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