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Non-Tech : EARNINGS REPORTING - surprises, misses & more -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (303)9/14/2000 9:57:26 PM
From: 2MAR$  Read Replies (1) | Respond to of 762
 
>>Verity (VRTY) reported first-quarter earnings of $7.2 million, or 20 cents a share, beating the consensus estimate by 6 cents a share.
In the year-ago period, the company posted pro forma earnings of $3.2 million, or 10 cents a share.

Revenue for the quarter reached $31.3 million, up 58 percent compared with $19.8 million in the year-ago period.

Software revenue, which represents 73 percent of revenue, totaled $22.8 million, a 58 percent increase over the year-ago period.

Shares rose $1.81 to $44.44 on Island after closing down 13 cents to $42.50.<<

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