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Technology Stocks : Gupta(GPTAE) -- A possible turnaround?

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To: Barry Nance who wrote (20)7/30/1996 5:26:00 PM
From: umang saini   of 89
 
gupta posted the results today. hope the stock goes up tomorrow :-)
you can find details at this site

biz.yahoo.com

umang

MENLO PARK, Calif., July 30 /PRNewswire/ -- Centura Software Corporation (Gupta Corporation) (Nasdaq: GPTA) today announced results for the quarter ended June 30, 1996, with revenues of $15.6 million and a profit of $423,000, or $0.03 per share. For the same period of 1995 revenues were $17.5 million with a loss of $2.9 million, or $0.24 per share.

The Company's operating expenses of $11.7 million for the second quarter of 1996, were 26% less than operating expenses for the second quarter of 1995, reflecting the results of the restructuring plan which was announced on January 2, 1996.
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