SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : RAMTRONIAN's Cache Inn
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sr K who wrote (13830)2/18/2008 6:22:35 PM
From: NightOwl  Read Replies (1) of 14464
 
Sr K... I took your advice and when back to look at their 2008 guidance. This is what the Q4 PR said:

"On the strength of our plans for top-line growth, we expect to continue to benefit from the operating leverage built into our business model to grow net income excluding stock-based compensation and income tax expenses in excess of 30%.”

So they say 2008 net income before all the junk will be more than 30% higher... 30% would be $3,136,900 for all of 2008.

Even if their tax rate is as high as 38% that kind of net income growth would not suggest a tax bill for $7.3M to a CPA or anyone else.

But in 2006 on a per share basis, if you back the options expense and taxes out their GAAP eps was 0.02 cents/sh. That made 2007's net income growth 600% higher than the prior year.

350% growth on 2007's GAAP eps of 0.12/sh would give you 0.42/sh... That certainly makes 0.12/sh for Q1 seem within reason to me.

0|0
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News