Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : AWARE -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (1845)	1/30/2001 4:11:07 PM
From: Peace	Read Replies (1) \| Respond to of 2404

Looks like 0.18 Still reading.

To: Scrapps who wrote (1845)	1/30/2001 4:12:08 PM
From: TechMkt	Respond to of 2404

Tuesday January 30, 4:03 pm Eastern Time Press Release Aware, Inc. Reports Record Fourth Quarter and Full Year 2000 Financial Results BEDFORD, Mass.--(BUSINESS WIRE)--Jan. 30, 2001--Aware, Inc. (NASDAQ: AWRE - news), a worldwide leader in DSL (digital subscriber line) technology for high-speed Internet access over existing telephone networks, today reported record financial results for its fourth quarter and year ended December 31, 2000. Fourth quarter 2000 revenue increased 49 percent to $9.1 million, compared to $6.1 million for the quarter ended December 31, 1999. Pro forma net income for the fourth quarter of 2000 was $4.2 million, or $0.18 per diluted share. Including a non-recurring item, net income was $6.9 million, or $0.30 per diluted share. In the fourth quarter of 1999, net income was $1.9 million, or $0.08 per diluted share. For the year ended December 31, 2000, revenue increased 49 percent to $30.7 million, compared to $20.5 million for the full year 1999. Pro forma net income for the year 2000 was $12.3 million, or $0.52 per diluted share. Including non-recurring items, net income was $13.4 million, or $0.56 per diluted share. For the full year 1999, net income was $4.9 million, or $0.21 per diluted share. Pro forma net income for the quarter and year ended December 31, 2000 excludes a non-recurring income tax benefit and a charge resulting from the cumulative effect of a change in accounting principle as detailed in the attached pro forma results. Michael Tzannes, president and chief executive officer, said: ``2000 was an outstanding year for Aware. Our results reflect a sharp increase in the number of ADSL chipsets sold in 2000, the quality of our technology and the growing demand for high-speed Internet access.'' Commenting further, Tzannes said: ``Customer development projects are moving forward on plan, and we continue to develop and integrate new technologies that enhance and extend the value of ADSL.'' Tzannes concluded: ``While industry growth has slowed somewhat recently, market trends point to strong worldwide growth for ADSL over the coming years.'' Note: Aware's conference call will be broadcast live over the Internet today Tuesday, January 30, 2000 at 6:00 p.m. Eastern Time. To listen to the call, please go to www.aware.com, and click on ``Investor Relations.''