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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (5402)2/18/1998 3:04:00 PM
From: Jenna  Read Replies (1) of 120523
 
BFIT*, XEIKY**...earnings came out today before open... stocks strong..

*earnings came in today stronger than expected.. still holding + 7/8 so far and still uptrending..

**XEIKY Xeikon N.V. Reports Fourth Quarter and Year End 1997 Results<XEIKY.O>

Xeikon N.V. Reports Fourth Quarter and Year
End 1997 Results

MORTSEL, Belgium--(BUSINESS WIRE)--February 18, 1998--
Company Reports 49% Increase in Revenues to Record $28 Million for
Fourth Quarter; Net Income Rises 178% to $2 Million, or $0.07 per
Share
Record 116 Digital Printing Systems Shipped During Period
Xeikon N.V. (Nasdaq: XEIKY) today announced results for the fourth
quarter and fiscal year ended December 31, 1997.

Fourth Quarter
For the quarter ended December 31, 1997, Xeikon reported a 49%
increase in revenues to $28 million from $18.8 million in the fourth
quarter of the prior year. Gross profit rose 67% to $8.7 million
from $5.2 million one year ago, reflecting an increase in gross
margin to 31% from 28%. Net income totaled $2.0 million for the
fourth quarter, an increase of 178% over the net income of $723,000
attained in last year's comparable period. Earnings per share for
the period were $0.07 versus $0.03 in the fourth quarter of 1996.
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