NTPA - Netopia, Inc. DSL hardware provider Message Board

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Technology Stocks : NTPA - Netopia, Inc. DSL hardware provider

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To: P314159d who wrote (323)	11/1/2000 8:55:21 PM
From: zax	Read Replies (1) of 360

Ouch! Netopia reported fourth-quarter pro forma net income of $801,000, or 4 cents a share, compared with a loss of $174,000, or 1 cent a share, during the same time last year. Analysts surveyed by First Call expected earnings of 17 cents a share, on average. Revenue was $90.2 million compared with $44.2 million during the same quarter last year. During the first quarter, Netopia expects flat sequential revenue and break-even pro forma income. Netopia provides DSL Internet equipment and e-commerce platforms to small and medium sized businesses. Shares were down $4.19 to $7.25 in after-hours trading. The stock closed up 56 cents, closing at $11. 44 for the regular session.

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