To: Bob Biersack who wrote (79471 ) 1/18/2000 10:50:00 PM From: Jenna Read Replies (2) | Respond to of 120523
GNET Clobbers Earnings Estimates!! Congrats GNET! ELNT, ALSC exp $0.13 actual $0.21,PWAV,NTPA,MCSW all beat estimates.. In after hours ALSC trading 19 7/8. GNET over 100 tomorrow will be a big day for GNET. techstocks.com Alliance Semiconductor Reports Financial Results for the Fiscal Third Quarter Ended January 2, 2000 Revenues Up 77% and Net Income of $9.1 Million $0.21 EPS Q3 FY 2000 ____________________ Elantec Semiconductor, Inc. Announces Record First Quarter Fiscal 2000 Financial Results expected $0.18 result $0.25 _______ FOCUS-Go2Net profit jumps, CEO sees fast growth ahead SEATTLE, Jan 18 (Reuters) - Go2Net Inc. (NasdaqNM:GNET - news) reported profits jumped sharply in its latest fiscal quarter and the Internet portal company's boss said it will grow rapidly in the months ahead through steady acquisitions and new hiring. Go2Net on Tuesday reported first quarter pro forma net earnings of $7.2 million, or 16 cents a diluted share, beating analysts' forecasts for a 7-cents-per-share gain and a small net loss of $21,560 a year earlier. The company also reported $14 million in revenues for the quarter, up 439 percent from a year ago. ''Our business was strong across all segments -- consumer services, business services and enabling technologies. They are all growing rapidly,'' Go2Net Chief GNET Stomps on earnings estimate!! Executive Russell Horowitz told Reuters. Shares of Go2Net rose 3-13/16 to 92 in Nasdaq trading before the announcement. In after hours trading, the stock rose as high as 100. Go2Net has now posted four straight quarters of profit and its pro forma operating margin -- operating income as a percentage of revenue -- rose to 24.1 percent in the quarter ended December 31 from 17 percent in the September quarter. Few Internet companies turn a profit and Go2Net's cash flow will help it aggressively pursue acquisitions going forward, Horowitz said.