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Technology Stocks : Catapult Communications Inc (CATT)

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To: Byron Angel who wrote (149)7/26/2000 12:28:00 AM
From: jbkelle  Read Replies (2) of 184
 
Byron, I take it from your comments that you listened to the call...did you take notes? A summary would be excellent. I read the PR, but didn't think the quarter looked that good. On the other hand, recent PRs show the potential for significant revenue growth, and hopefully profit growth. I was concerned about the sharp dropoff today. The numbers came after the close so maybe we'll see some recovery tomorrow. JBK

biz.yahoo.com

Tuesday July 25, 4:43 pm Eastern Time
Company Press Release
Catapult Communications Reports Financial Results for Third Quarter 2000
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--July 25, 2000--Catapult Communications (Nasdaq: CATT - news), a leading provider of advanced software-based test systems to the global telecom industry, reported quarterly revenues and net income for the third fiscal quarter ended June 30, 2000.

Total revenues for the third fiscal quarter were $7.5 million, a 12 percent increase from the $6.7 million reported for the third fiscal quarter of fiscal year 1999. Net income during the third fiscal quarter increased 6 percent to $2.1 million from the $2.0 million reported for the third quarter of fiscal year 1999.
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