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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (83272)	2/16/2000 3:57:00 PM
From: Jenna	Respond to of 120523

NURM had its 11th consecutive accelerated earnings. I am a holder of this one. NUR Macroprinters Ltd. Announces Record Fourth Quarter and Full Year 1999 Results Quarterly Revenues from Continuing Operations Increased by 126.6%; Quarterly Earnings More than Doubled MAGSHIMIM, Israel, Feb. 16 /PRNewswire/ -- NUR Macroprinters Ltd. (Nasdaq: NURM - news), a world-leading manufacturer of wide and superwide format digital printing systems and consumables, today announced record revenues and record profits for the fourth quarter and year ended December 31, 1999. Revenues for the fourth quarter increased 95.8% to $20.58 million, compared to $10.51 million for the same quarter in 1998. Gross profit increased 88.2% to $9.19 million versus $4.88 million for the comparable period last year. Net income was a record $2.34 million, or $0.17 per share on a fully diluted basis, for the three months ended December 31, 1999 versus $1.15 million for the comparable period last year, or approximately $ 0.10 per share, for the comparable period last year. Revenues, gross profits and net income were all the highest in the company's history. Excluding M. NUR Marketing & Communication GmbH's (``NUR Germany') results from the fourth quarter of 1998 (an operation that was sold during the third quarter of 1999), revenues for the fourth quarter increased 126.6% from $9.08 million in the fourth quarter of 1998. Gross profit increased 130% from $4.00 million for the comparable period last year. Revenues for the year ended December 31, 1999 were $60.72 million, an increase of 66.6%, compared to $36.45 million for the fourth quarter the previous year. Gross profit increased to $28.94 million from $17.5 million last year, an increase of 65.36%. Net income was $7.18 million, or $0.56 per share on a fully diluted basis, for the year ended December 31, 1999 compared to $1.46 million or $0.13 per share for period last year. Excluding a $1.6 million one-time charge related to the acquisition of Meital Technologies reported in September 1998, the net income for the year December 31, 1998 was $3.06 million, or $0.27 per share. Excluding NUR Germany's results from the year ended December 31, 1998, revenues for the year 1999 were $58.26 million, an increase of 82.6%, compared to $31.9 million for 1998. Gross profit increased to $27.82 million from $15.54 million in 1998, an increase of 79.0%.