Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Broken_Clock who wrote (16480)	3/25/1998 1:13:00 PM
From: Teddy	Read Replies (1) of 95453

i don't know if anyone still follows IO. Here's old news. The Wall Street Urinal -- March 12, 1998 Business Brief -- INPUT/OUTPUT INC.: Third-Quarter Net Doubled; Revenue Increased by 47% Input/Output Inc., Stafford, Texas, reported fiscal third-quarter net income of $15.1 million, more than double the year-earlier quarter's $6.2 million. The energy-services company's diluted per-share earnings were 34 cents, up from 14 cents. Input/Output's revenue for the quarter ended Feb. 28 rose 47% to $95.3 million from $64.8 million. The results beat analysts' consensus expectation for the quarter of 32 cents, as reported by First Call Corp. Input/Output said the quarter reflected "continued improvement in demand for seismic equipment and instrumentation." In New York Stock Exchange composite trading, Input/Output's shares closed at $22.9375, up 68.75 cents.

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