Portal Software, Inc. (PRSF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Portal Software, Inc. (PRSF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: captaintime who wrote (210)	8/17/2001 10:06:23 AM
From: Geoff Altman	Read Replies (1) of 318

After the market closed, Portal Software (PRSF: news, chart, profile) posted a pro forma loss of $19.4 million, or 11 cents a share, which excludes charges including an accelerated reduction of $193.4 million in the carrying value of goodwill due to impairment, a restructuring charge of $41.3 million, amortization of goodwill and purchased developed technology of $16.5 million and the write-down of certain private company investments of $4 million. Analysts expected a loss of 13 cents a share. Revenue for the quarter reached $44.7 million. The loss on a generally accepted accounting principles basis was $274.6 million, or $1.60 a share. Last year, the company lost $30.6 million, or 18 cents a share, on revenue of $44.6 million. Shares closed up 4 cents to $1.84.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next