***NEWS***
(REUTERS) TABLE-IDM<IDMC.O> Q3 shr loss narrows, float rises
TABLE-IDM<IDMC.O> Q3 shr loss narrows, float rises
SOUTH RIVER, N.J., Nov 23 (Reuters) -
IDM ENVIRONMENTAL CORP.
(in thousands, except share and per share data)
THREE MONTHS ENDED SEPT 30
1998 1997
Shr basic loss $0.15 loss $0.16
Net loss 2,472 loss 1,501
Revs 4,532 5,369
Avg shrs 19,132,125 11,296,671
NINE MONTHS ENDED SEPT 30
Shr basic loss $1.03 loss $0.59
Net loss 14,573 loss 4,770
Revs 14,547 13,163
Avg shrs 17,802,210 10,173,582
NOTE: The full name of the company is IDM Environmental
Corp.
The company said results for the third quarter and first
nine months include non-cash charges of $350,000 and $7.9
million, respectively, which relate to the amortization of the
beneficial conversin feature of convertible securities.
((New York Newsdesk 212-859-1700))
REUTERS
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