GOOD CATCH. Earnings released this a.m. Why no notice from IR?
biz.yahoo.com
JB Oxford Holdings, Inc.
SELECTED STATEMENTS OF OPERATIONS
For the quarter ended Dec. 31, For the year ended Dec. 31,
1998 1997 1998 1997
Total revenues $19,436,552 $16,101,553 $67,268,325 $69,961,623
Net income (loss)
before taxes(a) 2,839,981 (1,182,697) (587,354) 2,622,557
Net income (loss)
after tax(a) 1,690,730 (734,311) (1,108,605) 1,522,685
Basic earnings (loss)
per share(a) $0.12 $(0.05) $(0.08) $0.12
Basic Shares
outstanding 14,088,020 14,141,205 14,127,800 12,334,517
Diluted earnings (loss)
per share (a, b) $0.08 $(0.05) $(0.08) $0.09
Diluted shares
outstanding 23,171,824 14,141,205 14,127,800 18,746,264
Note: 1997 per share amounts restated to comply with the requirements of
SFAS 128.
(a) Results for the year ended Dec. 31, 1998, reflect a non-cash interest
charge of $1.8 million ($0.13 per share) taken in the second quarter
for interest expense on convertible notes. This charge has no effect
on net equity.
(b) Common stock equivalents have been excluded for the fourth quarter
1997 and full year 1998, as inclusion would reduce loss per share or
be antidilutive. |
