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Biotech / Medical : ACMI - Accumed Inc.

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To: Cisco who wrote (407)10/30/1997 9:50:00 PM
From: John Posatiere  Read Replies (1) of 1894
 
News reports have been out for sometime:

Earnings Surprise Summary: 3:00 P.M. - 5:00 P.M.


Downside Surprises
Companies whose quarterly net income didn't meet the First Call mean estimate or companies that reported an unexpected loss or a greater-than-expected loss:

Net Or First Call
(Loss) Mean Estimate
Accumed Intl ACMI 3Q (14c) (8c)
BroadBand Techn BBTK 3Q Op (80c) (77c)
Eastern Utilits EUA 3Q Op 47c 53c
Westrn Wirels.A WWCA 3Q (97c) (95c)

"Dow Jones News Service"
"Copyright(c) 1997, Dow Jones & Company, Inc."

and from "Dow Jones News Service"

AccuMed Intl Earnings -3: 9 Months Financial Table

3rd Quar Sept. 30:
1997 1996
Sales $14,157,306 $3,668,150
Net income (14,085,068) (5,874,255)
Avg shrs 21,574,098 16,502,973
Shr earns
Net income (.65) (.36)
Figures in parentheses are losses.
AccuMed International Inc. (ACMI) develop, makes, and markets in-vitro manual and semi-automatic diagnostic test kits to treat bacterial infections.

AccuMed Intl Earnings -2: 3Q Financial Table

AccuMed International Inc. - Chicago
3rd Quar Sept. 30:
1997 1996
Sales $4,914,004 $1,356,056
Net income (3,087,676) (1,415,518)
Avg shrs 22,482,305 17,772,514
Shr earns
Net income (.14) (.08)
Figures in parentheses are losses.
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