EARNINGS REPORTING - surprises, misses & more Message Board

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Non-Tech : EARNINGS REPORTING - surprises, misses & more

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To: 2MAR$ who wrote (339)	10/17/2000 6:50:17 PM
From: 2MAR$	Read Replies (1) of 762

MERQ Interactive Q3 earnings beat forecasts SUNNYVALE, Calif., Oct 17 (Reuters) - Internet software maker Mercury Interactive Corp (NasdaqNM:MERQ - news) Tuesday reported a third quarter profit that was higher than analyst forecasts, and said its revenues rose sharply. The company said it earned $16.7 million or 18 cents per diluted share in the quarter, double the $8.2 million or nine cents per share earned in the year ago period. Most analysts had been forecasting earnings of about 16 cents per share, according to First Call/Thompson Financial, which surveys results. Mercury said revenues rose to $79.5 million from $47.5 million a year ago. ``The strength in our business shows that performance management solutions are becoming an indispensable component for companies deploying and maintaining complex, business critical web-based applications,'' Chief Executive Amnon Landan said in a statement.

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