MySoftware sees Q4 EPS $0.09 - $0.10
January 21, 1999 09:22 AM
PALO ALTO, Jan. 21 (Reuters) - MySoftware Co. on Thursday said it expects to earn between $0.09 and $0.10 per share in its fourth quarter ended December 31 on record revenues.
Fourth quarter revenues should be about 40 percent to 50 percent higher than the year ago fourth quarter's $3.1 million, the company said in a statement.
Financial analysts had expected MySoftware to earn $0.07 per share in 1998's fourth quarter, according to investment research firm First Call.
MySoftware reported a net loss of about $1.6 million, or $0.38 a share, in the year ago quarter.
The company, a maker of software to boost productivity for small and mid-sized businesses, attributed the record revenues and net profit to strong annuity and retail sales, as well as business development partnerships.
MySoftware expects to release its audited fourth quarter results on February 25.
((Los Angeles newsdesk, 213-380-2014, fax 213-622-0056)) REUTERS
--------------------------------------------------------------------------------
Following are Reuters Alerts related to this article
--------------------------------------------------------------------------------
ALERT
MYSOFTWARE SEES Q4 REVS UP 40-50 PCT, '98 EPS IN RANGE $0.09-$0.10/SHR
REUTERS
--------------------------------------------------------------------------------
|
