SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (5625)6/25/1999 10:47:00 PM
From: Snowshoe  Read Replies (1) | Respond to of 10309
 
>>Also is 23% really 23%? What was that one-time charge? I couldn't find it.<<

Wind River Reports First Quarter Revenues of $32.6 Million
biz.yahoo.com

As announced on April 7, 1999, Wind River Systems purchased certain assets of Xact, Inc. As part of this acquisition, Wind River Systems hired the Xact employee team and incurred pre-tax charges of approximately $800,000 related to the impairment of previous investments and distribution arrangements with Xact. The one-time charges are included in other income.

For the first quarter, diluted earnings per share of $0.10 decreased from $0.11 earned in the same period in fiscal 1999. Excluding the pre-tax charges associated with the Xact transaction, Wind River Systems would have earned $0.11 per diluted share. All diluted earnings per share numbers have been adjusted to reflect a 3-for-2 stock split on February 4, 1999.