Long TBFC 90, we'll see.<<ALERT>> GEEK.. something going on? WEBT looking good, EXDS was my last holding.. I had to sell it yesterday but rebought a small amount.
2 earnings plays on list for May 5: Wednesday May 5,Sterling Commerce upgraded by Advest Inc - _________________ Black Box Corporation Reports Record Results for the Fourth Quarter and Total Year
PITTSBURGH--(BUSINESS WIRE)--May 5, 1999--Black Box Corporation (Nasdaq:BBOX - news) today reported record revenues, net income, earnings per share and free cashflow for the fourth quarter and year ended March 31, 1999. Revenues for the fourth quarter were $93.0 million, a 22% increase from $76.1 million reported for the same period last year. Net income was $11.5 million, or 62 cents per share, an increase of 33% from $8.6 million, or 49 cents per share reported for the same period last year. Free cash flow was $15.2 million for the quarter.
Revenues, net income, earnings per share and free cashflow for the fiscal year ended March 31, 1999 also set new records. Revenues for the fiscal year increased to a record $330.0 million, up 18% from a reported $279.8 million for the previous year. Net income for the fiscal year increased to a record $38.1 million, or $2.09 per share, up 23% from $30.9 million, or $1.75 per share, for the previous year. Free cash flow was a record $40.4 million. |