2 more beat: DOX and GTRC .. DOX recently on the watch list as well is a virtual newcomer to the earnings plays and watch list.
GON + 5.88% another earnings play reports tomorrow up today and closed on day high.. I know you can't possibly buy all the stocks that show anticipation and beat the street but its important we post the ones that do for next quarter, for possible intermediate holds, and in case they come onto the watch list at some time in the future (i.e. KSWS, SDLI, MSPG, NXLK, etc)
Silicon Investor does have a 'search engine' that is good for 3 months which goes directly into next quarter so if GON is again a 'play' you will know that they were up in anticipation and if they beat the street it will be 'recorded' in the SI archives as well. If not it will be disregarded next quarter. That is especially important for 'newcomers' to our list. And why we decided to keep stocks like KSWS, YUM, ZQK, RINO, SDLI, SONE as longer term holds.
Gen.Phone: (440) 930-1000 Business: GON produces and markets polyvinyl chloride resins and compounds. GON also produces and markets vinyl chloride monomer (VCM), an intermediate precursor to PVC. For the FY ended 12/31/98, sales rose 3% to $1.28B. Net income fell 39% to $13.8M. Sales reflect the acquisitions of Synergistics Industries, Plast-O-Meric, Wilflex and Adchem. Earnings were offset by lower resin operating margins, acquisition costs and a $14.6M consolidation charge.
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Amdocs Limited Continues to Show Strong Growth in Second Quarter
Revenue Increases by 57.3% and Operating Income by 86.3%
ST. LOUIS--(BUSINESS WIRE)--April 27, 1999--Amdocs Limited (NYSE: DOX - news) today reported that for the second quarter ended March 31, 1999, revenue increased by 57.3% to $147.8 million from $94.0 million in the second quarter last year.
Second quarter operating income grew 86.3%, to $35.6 million. Net income increased 463.7% to $23.1 million, compared to $4.1 million in the second quarter
last year. Diluted earnings per share for the quarter increased to $0.12 compared to $0.03 in the second quarter of fiscal 1998.
Avi Naor, President and Chief Executive Officer of Amdocs Management Limited, noted, ''Amdocs continues to demonstrate strong, consistent growth. We
have exceeded performance targets for the quarter and the first half of fiscal 1999.''
Naor added, ''Looking at the market, we are experiencing excellent demand for both our customer care and billing and order management products. This
reflects the unique standing of Amdocs' solutions in our target market -- high-end and mid-tier telecom carriers, as well as high-growth new entrants.''
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GTRC beats by 1 cent
Guitar Center Inc. Reports First-Quarter Results
AGOURA HILLS, Calif.--(BUSINESS WIRE)--April 27, 1999--Guitar Center Inc. (Nasdaq/NM:GTRC - news) reported its financial results for the first quarter ended March 31, 1999.
Net sales for the quarter totaled $109.9 million, an increase of $24.7 million, or 29.0 percent, from 1998 levels. Sales from new stores contributed $16.9 million, or 68.2 percent, of the total increase. Comparable-store sales increased 9.2 percent, or $7.8 million, compared with the first quarter of 1998.
The company opened two new stores during the first quarter, those being a first store in Queens, N.Y., which opened on Feb. 25, 1999, and a first store in Manchester (Hartford), Conn., which opened on March 11, 1999. |
