From the earnings release....
Net income for the quarter was $312,000, or $0.07 a share, compared to a net loss of $(1.8) million, or $(0.40) per share for the comparable period last year. Fourth quarter results included a loss from discontinued operations of $(349,000), or $(0.08) per share, compared to a loss of $(603,000), or $(0.14) per share, for the prior year's fourth quarter.
So Income from continuing operations was 15 Cents for the Q on a $3 stock?
Fiscal 1998 revenues were $21.6 million, up 13.2% from fiscal 1997 revenues of $19.1 million. The increase for the quarter and year was primarily due to approximately 50% growth in the sales of Cleo(R) Enterprise Networking products to key customers. Income from continuing operations was $767,000, or $0.17 per share, versus a loss of $(6.6) million, or $(1.50) per share for fiscal 1997.
And year to date continuing operations was 17 cents. So 17 cents all year, then 15 this Q?
Guess so that's the way S&P has it too....
biz.yahoo.com
They turned around Red without analysts picking up on this? |
