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Microcap & Penny Stocks : ALPNET (AILP) - Worldwide Multilingual Services

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To: ian who wrote (95)8/10/1998 4:22:00 PM
From: Rob LeVine  Read Replies (1) of 140
 
ALPNET ANNOUNCES RECORD SALES AND STRONG PROFITABILITY

for Second Quarter 1998

<just the highlights, please find the link somewhere, somehow>

SALT LAKE CITY, Aug. 10 /PRNewswire/ -- ALPNET, Inc. (Nasdaq: AILP), the global information services company today announced record sales and strong earnings results for the quarter ended 30 June 1998. Total revenues for the quarter were $13.2 million with net income of $726,000 or $.031 per share (basic) and $.027 per share (diluted) compared to revenues of $10.4 million with net income of $619,000 or $.033 per share (basic) and $.024 per share (diluted) for the second quarter of 1997. For the six months ended 30 June 1998, total revenues were $25.5 million with net income of $1.5 million or $.065 per share (basic) and $.058 per share (diluted) compared to revenues of $19.2 million with net income of $43,000 or $.002 per share (basic and diluted) for the six months ended 30 June 1997. These results represent a 33% increase in sales for the first six months of 1998 over 1997, and net income for the first six months of 1998 which almost equals the net income for all of 1997.
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