RomTech 2Q Outlook -2: 1st Half Revs To Match Fiscal Yr 1997
Dow Jones News Service via Dow Jones
LANGHORNE, Pa. (Dow Jones)--RomTech Inc. (ROMT) said its second quarter ending
Dec. 31 is on target for record results.
In a press release Thursday, RomTech said it expects seasonal promotional
opportunities to enable it to just about match fiscal 1997 revenues during the
current year's first half.
The company said its goal of doubling revenues in fiscal 1998 to more than $8
million was based on the success of its Galaxy Series products.
RomTech said the execution of the Galaxy Series branding strategy is currently
achieving results above the company's expectations.
In the second quarter of 1996, RomTech reported a loss of $358,132, or 6 cents
a share, on revenues of $1.3 million.
In the year ended June 30, the company reported a loss of $1.5 million, or 32
cents a share, on revenues of $4.5 million.
RomTech develops, publishes, markets and resells a line of personal computer
software.
(END) DOW JONES NEWS 11-13-97
08:47 AM
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