The 2nd quarter was announced after the close of the market today.
I am not encouraged by the news.
What the data shows is a significant percentage increase in everything except net income.
Although there was a pre-announcement of 15% revenue shortfall
due to exchange rates, sales and G&A expenses seem to be much higher.
3 month Jun-97 3 month Jun-96
Revenue 5,044,416 100.00% 3,262,638 100.00%
cost of gds. 1,784,613 35.38% 1,138,107 34.88%
R&D 524,075 10.39% 289,484 8.87%
Sales,Market 1,017,547 20.17% 508,752 15.59%
G&A 839,121 16.63% 443,050 13.58%
net income 772,435 15.31% 590,900 18.11%
Is anyone aware of a conference call following this announcement??
Anyone care to comment??
regards
pete mack |
