ENP..GCTI both beat estimates>>>ENP from today's watch list beats by 3 cents..Kinder Morgan Energy Partners, L. P. Raises Quarterly Distribution to $.65; Fourth Quarter Net Income Per Unit Increases by 34%
This is a good company, not a hi-flyer.. last quarter was up after earnings came out. nice chart, nice company.. for the faint of heart in these hectic times.
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Genesys Telecommunications Laboratories, Inc. Reports Revenues Up 68% in Second Quarter of Fiscal 1999
SAN FRANCISCO--(BUSINESS WIRE)--Jan. 13, 1999--Genesys Telecommunications Laboratories, Inc.(NASDAQ:GCTI - news) today reported revenues of $32.2 million for the fiscal second quarter ended December 31, 1998, an increase of 68% compared to revenues of $19.1 million for the same period of the prior fiscal year.
Prior to costs associated with the acquisition of Plato Software, certain severance arrangements and the hiring of a new CEO, the Company reported net income of $4.7 million, or $0.17 per share, for the quarter, a 305% increase over net income of $1.2 million, or $0.04 per share, for the same period of the prior fiscal year.
Including costs associated with the acquisition of Plato Software, certain severance arrangements, and the hiring of a new CEO, the company incurred charges of $15.5 million and recorded a loss of $10.5 million or $0.45 per share.
HOUSTON, Jan. 13 /PRNewswire/ -- Kinder Morgan Energy Partners, L. P. (NYSE: ENP - news) today reported fourth quarter 1998 net income of $37.8 million, or $.55 per unit, compared to 1997 fourth quarter net income of $7.7 million, or $.41 per unit, an increase of 34% per unit. The company also announced an increase in its quarterly distribution from $.63 to $.65 per unit, effective with the distribution for the fourth quarter, payable on February 12, 1999 to unitholders of record as of January 29, 1999.
For the full year 1998, net income before an extraordinary charge for prepayment of high cost debt in the first quarter was $117.2 million, or $2.09 per unit, compared to $17.7 million, or $1.02 per unit in 1997, an increase of 105% per unit. After the extraordinary charge, net income for the full year was $103.6 million, or $1.75 per unit.
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