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Technology Stocks : PPT Vision, Inc (PPTV)

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To: Michael Matheson who wrote (6)8/15/1996 5:59:00 PM
From: Tony Taccone   of 73
 
PPTV announced third quarter earnings on Tuesday, August 13.

Sales $3.163 mln vs. $2.75 mln for same quarter last year.
Net Income $.714 mln vs. $.315 mln last year.
EPS $.16 vs. $.09.

Net margin was 22%, up from 12%.

PPTV sold 127 units in the quarter, up from 89 for last year.

Following secondary public stock offering, the balance sheet looks simply incredible. As of end July, PPTV had $20 mln in cash sitting on the balance sheet. Not bad for a company with a market cap of $40 mln!
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