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Technology Stocks : Wind River going up, up, up!

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To: Snowshoe who wrote (9248)3/2/2001 1:04:11 AM
From: bythepark  Read Replies (1) of 10309
 
WIND's CC number good until March 7th

Listening to this is time well spent.
--alan

> A replay will be available beginning at approximately 6:00 p.m. Pacific Time
> on March 1, 2001 through 11:59 p.m. on March 7, 2001. To listen to the replay,
> please call 800/642-1687 in the U.S. and enter the conference I.D. number
> 844387.

"We are quite proud of our results this quarter. This marks the third consecutive quarter of double-digit sequential revenue growth, building on our momentum coming out of Q3," said Mike Zellner, vice president and chief financial officer of Wind River. "Royalties revenue was strong this quarter at $36.0 million, up 39% in a single quarter. Our operating income more than doubled from Q3 to Q4 - excellent progress in our program to drive operating margins back to 20%. We are cash-flow positive - cash, cash equivalents and investments have increased to over $350 million, so our balance sheet continues to be quite strong," Zellner added.
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