More earnings results: Although at first glance impressive with CKFR coming around from a $-0.32 cent loss last year to only a 10.01 loss the street expected more. In the case of MSPG they were actually in line with estimates as well. AOL was only 2 cents above. If the nets hadn't exploded so much in the last 4-5 sessions it could be enough, but I would not dismiss the possibility of a morning gap down. VRIO, and SDLI could buck the trend however and MTON is anyone's guess since although it tripled its EPS it was 'in line'. It all depends on if you think 200% growth in EPS that comes 'in line' with expectations is good enough for the street. We'll see tomorrow.
Metro One Telecommunications Announces First Quarter Results
Record Revenues; Earnings Per Share Up 200%
PORTLAND, Ore., April 27 /PRNewswire/ -- Metro One Telecommunications, Inc. (Nasdaq: MTON - news), the leading provider of Enhanced Directory Assistance® (EDA) to the telecommunications industry, today reported record revenues for the first quarter ended March 31, 1999.
Revenues for the first quarter of 1999 increased to a record $14,175,000, up 57% above 1998 first quarter revenues of $9,045,000. Net income for the first quarter was $682,000, or $0.06 per share, compared with net income of $209,000, or $0.02 per share, in 1998's first quarter, an increase of 200%. Weighted average shares outstanding at March 31, 1999 were 11,995,000, as compared to 11,281,000 at March 31, 1998
SDL INC SDLI actual 0.33 a est 0.25
Mindspring MSPG acutual 0.16 est. 0.16
MTON MTON actual 0.06 est. 0.06 (last year 0.02)
VERIO INC VRIO actual -1.24 est. -1.31
Checkfree CKFR actual -0.01 est. 0.04 est 4 (last year -0.32)
Guitar City GTRC actual 0.19 est. 0.17
Century
Business CBIZ actual 0.18 est. 0.16
America on
Line AOL actual 0.11 est. 0.09
BROOKS
AUTOMAT BRKS actual 0.01 est. -0.02 (postive versus negative)
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