well here is one DD mentioned that is so solid if it unbelieveable (NASDAQ:CANI) ... Record financials just came out ... this one is worth reading...
biz.yahoo.com
Here's a prelude:
Financial highlights excluding the Genisys transaction:
Excluding the financial results of Genisys, revenues for the fourth quarter of fiscal 1998 increased 29.1% to $14.5 million compared to revenues of $11.3 million for the same period in 1997. Net income for the fourth quarter was $1.7 million or $.10 per diluted share compared to net income of $885,000 or $.06 per diluted share in fiscal 1997. Gross profit increased to $8.3 million, or 57.3% of revenues in the fourth quarter of fiscal 1998, compared to $6.3 million, or 56.1% of revenues in the fourth quarter of fiscal 1997, reflecting continued strength in software license sales and value-priced consulting engagements. Income from operations for the fourth quarter increased to $2.2 million, or 15.2% of revenues, compared to operating income of $1.5 million, or 12.9% of revenues a year ago.
For the fiscal year ended, total revenues increased 29.3% to $52.4 million for fiscal 1998 from $40.5 million in fiscal 1997. For the same period, income from operations increased 50.7% to $7.6 million in fiscal 1998 from $5.0 million in fiscal 1997. Net income increased 78.9% to $5.5 million, or $0.34 per diluted share for fiscal 1998 from $3.1 million, or $0.23 per diluted share in fiscal 1997.
:-)
GB
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