SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Simula (SMU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JB who wrote (1024)3/24/1998 8:23:00 AM
From: hppolk  Read Replies (1) of 1671
 
SMU EPS were (.06) after a .08 gain on Real Estate Transactions. Revenue improved to $28.9 MM, which I think is in line with expectations, and Gross margin is $5.7 MM which is pretty good versus $3.4 MM last quarter. My only concern is that administrative expenses jumped $900 thousand versus last quarter. I don't know if this increase is one-time or permanent. Overall, I think it is a positive that SMU hit their revenue number for the first time this year and that gross margin returned to levels consistent with early in the year. All in all, I don't see it as a huge negative, but we will see what the market thinks soon enough.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News