OZEMY up 3 at the its high this morning. I wasn't at first impressed with their figures, but in the hullaballo this morning and my tracking the OEX puts, I didn't notice OZEMY.. Did real well.
OzEmail Reports Second Quarter Results
Announces Public Financing and Addition of Interline Management and Affiliates
SYDNEY, Australia, Aug. 10 /PRNewswire/ -- OzEmail Limited (Nasdaq: OZEMY), the leading provider of comprehensive Internet services in Australasia, today released its results for the second quarter ended June 30, 1998.
Revenues for the second quarter of 1998 were A$27,402,000 (US$16,567,000), an increase of 109.5% over 1997 second quarter revenues of A$13,077,000 (US$9,714,000). The growth in revenues is primarily attributable to increased dial-up and permanent connections from OzEmail's Australian Internet connectivity business and the November 1997 acquisition of Access One. |