Ancor Communications 1st Quarter Pro Forma Loss 6 Cents/Share Versus Loss 9 Cents
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Ancor Communications Inc. - Eden Prairie, Minn.
1st Quar March 31:
2000 1999
Sales $6,884,867 $1,519,713
Net income (1,998,700) (2,162,260)
Avg shrs 28,911,688 24,002,103
Shr earns
Net income a (.07) (.09)
Figures in parentheses are losses.
a. On a pro forma basis, which excludes a sales discount of $320,000
for the warrants issued to Sun Microsystems Inc. (SUNW), the loss was
$1.7 million, or 6 cents a share.
Ancor Communications Inc.'s (ANCR) total operating expense for the
latest quarter was $6.7 million compared with $3.1 million a year
earlier.
Ancor Communications provides Fibre Channel switches for storage area
networks.
-Eamon Beltran; Dow Jones Newswires; 201-938-5400
(This story was originally published by Dow Jones Newswires)
Copyright (c) 2000 Dow Jones & Company, Inc.
All Rights Reserved
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