IFLO...
"LAKE FOREST, Calif.--(BUSINESS WIRE)--April 20, 1999--I-Flow Corp. (Nasdaq:IFLO -news) Tuesday announced that net income for the first quarter ended March 31, 1999, increased 478% to $558,000, or $0.04 per diluted share."
"This compares with a net loss of $148,000, or $0.01 per diluted share, for last year's first quarter. Revenue increased 53% to $6,218,000, a new first-quarter record, from $4,072,000 for the same period a year ago."
Tulvio:
The swing in earnings was from negative 148,000 to positive 558,000... That's a total of 148,000 + 558,000 = 706,000 gain over last year... That comes to 477% swing gain from the negative number last year to the positive number this year...
Jim |