Earnings to be exact should be released on Aug 5 because the last quarter's release was on May 5.
Looking at last quarter's earnings statement, excerpt below.
"The company reported net losses for the quarter and the fiscal year.
For the quarter, the net loss was $2.9 million, or $0.41 loss per
share, vs. a year-earlier fourth quarter loss of $2.2 million, or $0.46 loss per share. For the fiscal year ended March 31, 1997, the company reported a net loss of $5.6 million, or $0.96 loss per share, compared to a fiscal 1996 loss of $5.8 million, or $1.26 loss per share. The 1997 fourth-quarter and fiscal-year losses include a write-off of $881,000 relating to the company's investment in Mattan Corp. and $250,000 of acquired in-process R&D at Data.Site; also included in the fiscal-year loss is a $332,000 settlement reported last summer involving a discontinued joint venture relating to argon laser outsource manufacturing."
Now, if you take away the 881,000 + 250,000 + 332,000 = 1,463,000 of one time charges the company would only have lost about 4.2 million for fiscal year 97. It looks like the company will have a very good quarter and fiscal year. |
