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Gold/Mining/Energy : Direct Focus Inc. (DFXI)

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To: Don Carson who wrote (417)2/22/1999 10:12:00 AM
From: Clement  Read Replies (1) of 768
 
In case you haven't seen it:

biz.yahoo.com

biz.yahoo.com

Just a few blurbs:

sales, net income and earnings for the year ended Dec. 31, 1998 with the fourth quarter contributing the strongest results in the company's history.

For the full year, sales rose to $88.8 million, up 213 percent from $28.4 million in the prior year. Higher sales and a 4 percent improvement in gross margins produced net income of $19.4 million compared to $3.6 million in 1997. Earnings per share (diluted) for the year jumped 424 percent to $1.28 from $0.26 last year on virtually the same number of shares outstanding.

In the fourth quarter ended Dec. 31, 1998, Direct Focus posted sales of $29.2 million, 181 percent higher than $10.4 million in same 1997 period. Net income rose 307 percent to $7.4 million, or $0.76 per share (diluted) from $1.8 million, or $0.19 per share, in the same 1997 quarter.

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