MRV Communications Inc. Reports Record Fourth-Quarter and -2-
Business Wire via Dow Jones
DILUTED 28,432,458 24,593,000
Pro Forma Information
(Prior to nonrecurring charges)
Year ended
Dec. 31, Dec. 31,
1997 1996
(Audited) (Audited)
NET INCOME PRIOR TO
NONRECURRING CHARGES,
NET OF THEIR TAX EFFECTS $23,012 $10,555
NET INCOME PER SHARE -- BASIC $ 0.97 $ 0.54
NET INCOME PER SHARE -- DILUTED $ 0.89 $ 0.46
SHARES USED IN PER-SHARE CALCULATION --
BASIC 23,670,370 19,739,350
SHARES USED IN PER-SHARE CALCULATION --
DILUTED 25,733,784 23,285,833
Three months ended
Dec. 31, Dec. 31,
1997 1996
(Unaudited) (Unaudited)
NET INCOME PRIOR TO
NONRECURRING CHARGES,
NET OF THEIR TAX EFFECTS $ 7,111 $ 3,809
NET INCOME PER SHARE -- BASIC $ 0.27 $ 0.18
NET INCOME PER SHARE -- DILUTED $ 0.25 $ 0.16
SHARES USED IN PER-SHARE CALCULATION --
BASIC 26,314,971 21,011,628
SHARES USED IN PER-SHARE CALCULATION --
DILUTED 28,432,458 24,593,000
CONTACT: MRV Communications Inc., Chatsworth
Edmund Glazer, 818/886-6782
16:36 EST FEBRUARY 23, 1998 |
