Glad, maybe Brze is superbly managed. At least they announced real earnings last night.
>BreezeCOM Ltd. (NASDAQ: BRZE chart, msgs), a leading developer and manufacturer of broadband wireless access products, today announced results for the fourth quarter and the year 2000. The yearly results reflect 127% revenue growth, compared with 1999 revenues.
Revenues for the fourth quarter which ended December 31, 2000 were $32.4 million, a 154% increase over $12.7 million reported in the fourth quarter of 1999, and a 12% increase over third quarter 2000 revenues of $29 million. Net operating income in the fourth quarter 2000 was $1.3 million, compared with an operating loss of $(629,000) in the same period of 1999. The Company reported net income for the fourth quarter 2000 of $3.9 million, or $0.12 per diluted share, compared with a net loss of $(765,000), or $(0.07) net loss per share, in the same period last year.
Revenues for the year 2000 were $101 million, a 127 % increase over revenues of $44.8 million for the same period in 1999. Net operating income for the year 2000 was $3 million, compared to a net operating loss of $(2.6) million in 1999. Net income for the year 2000 was $10 million, or $0.33 per diluted share, compared with a net loss of $(3.6) million, or $(0.32) net loss per share, in the same period last year. |
