Son of SAN - Storage Networking Technologies Message Board

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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: J Fieb who wrote (952)	1/4/1999 11:21:00 AM
From: Nine_USA	Read Replies (1) of 4808

BOX HILL SYSTEMS (BXH) EXPECTS Q4 PROFIT BELOW EXPECTATIONS NEW YORK, Jan 4 (Reuters) - Box Hill Systems Corp., a provider of data storage systems, said Monday it would post a slight profit for the fourth quarter, significantly below expectations. Box hill said it expects fourth quarter revenues to be $14 to $15 million, down from $20 million a year earlier. According to First Call, analysts' consensus estimate for Box Hill's fourth quarter earnings is $0.15 a share, compared with $0.16 in the year-earlier fourth quarter. The company said it had lower revenues from all industries that it serves, which may have been due in part to overall economic uncertainty. Box Hill said the lower revenues were particularly evident in the financial services industry, which accounts for a significant portion of company revenues.

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