Here is todays warnings and earnings.
From Briefing .com
Technology Solutions Inc. (TSCC) 30 1/8 +7/8: provider of IT consulting and systems integration services posts a fiscal Q3 net of $0.21 a share, two cents
better than the First Call estimate, vs year-ago profit of $0.17 a share......
Dyersburg Corp. (DBG) 10 1/4 -1/16: manufacturer of knit fleece, jersey and stretch fabrics is warning that it expects Q2 earnings of between $0.08 and $0.10 a
share; well below the First Call estimate of $0.19 a share and year-ago profit of $0.15 a share; sees sales between $108 and $112 mln, vs year-ago level of $51.04
mln; for fiscal 1998, sees earnings of $0.75-$0.80 a share, vs the First Call estimate of $1.13 and FY97 net of $1.01 a share; blames soft apparel market for
earnings miss.....
Oxford Industries Inc. (OXM) 30 +1/4: designer and manufacturer of consumer apparel records a fiscal Q3 profit of $0.60 a share, four cents ahead of the
First Call estimate, vs year-ago net of $0.50 a share; sees Q4 sales and earnings ahead of year-ago.....
Orphan Medical Inc. (ORPH) 10 1/8 +1/8: drug developer announces positive preliminary clinical trial results for its Xyrem drug for the treatment of cataplexy, a
serious symptom of narcolepsy; plans to go forward with FDA drug application.....
Cabletron Systems (CS) 14 15/16 -1/16: computer networking concern records a Q4 operating loss of $0.04 a share, four cents wider than the First Call
estimate, vs year-ago profit of $0.38 a share; sales fell 18% to $311.52 mln
Merix Corp. MERX) 20 1/2 +1/2: manufacturer of high density multilayer printed circuit boards earns $0.24 a share in Q3, three cents ahead of the First Call
estimate, vs year-ago profit of $0.18 a share; sales rose 29% to $46.42 mln.....
Quantum Corp. (QNTM) 20 7/16 +1/4: disk drive maker warns that its fiscal Q4 results will be break-even or slightly positive as revenues are expected to
decline sequentially by about 20%; First Call was expecting a net of $0.25 a share vs year-ago net of $0.56 a share; QNTM had revenues of $1.52 bln in Q4..... |
