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Strategies & Market Trends : Galapagos Islands

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To: MulhollandDrive who wrote (42793)6/24/2003 4:50:25 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
they ain't buyin this bad news

16:11 ET VRTY Verity misses estimates; guides Q1 lower (17.27 +0.27)
Reports Q4 (May) earnings of $0.12 per share, $0.01 worse than the Reuters Research consensus of $0.13; revenues rose 11.9% year/year to $29.2 mln vs the $30.9 mln consensus; co. projecting Q1 revenue in the range of $26 million to $28 million, with GAAP pro forma earnings in the range of $0.04 to $0.06 per share; this excludes the effects of anticipated amortization of acquired intangible assets of $0.6 million, or approximately $0.01 per fully diluted share -- Reuters Research consensus estimates are $0.11 per share and $28.7 mln respectively.
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