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04/23 4:10P (DJ) +MEMC Electronic 1Q Losses 72c/Share Vs 7c >WFR
Story 6482 MEMC Electronic Results -2: 1Q Financial Table >WFR
MEMC Electronic Materials Inc. - St. Peters, Mo.
1st Quar March 31:
1998 1997
Sales $235,243,000 $222,284,000
Net income a (29,305,000) (2,777,000)
Avg shrs (basic) 40,898,246 41,336,126
Avg shrs (diluted) 40,898,246 41,336,126
Shr earns (basic)
Net income (.72) (.07)
Shr earns (diluted)
Net income (.72) (.07)
Figures in parentheses are losses.
a. Includes restructuring charge of $8 million, from voluntary separation
program in which about 400 hourly and salaried employees elected to
participate.
(MORE) DOW JONES NEWS 04-23-98
04:39 PM
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