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 : New Focus, Inc. (NUFO) -- Ignore unavailable to you. Want to Upgrade?

To: FlameMe who wrote (189)	1/31/2001 1:25:28 AM
From: pat mudge	Respond to of 475

From the WSJ: interactive.wsj.com@1.cgi?mfmuse/text/autowire/data/BT-CO-20010130-006421.djml/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=nufo&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI= January 30, 2001 -------------------------------------------------------------------------------- New Focus 4Q Pro Forma Net 4c/Shr Vs Pro Forma Loss 11c New Focus Inc. - San Jose 4th Quar Dec. 31: 2000 1999 Revenue $33,875,000 $6,845,000 Net income (2,255,000) (4,393,000) Avg shrs 60,463,000 2,530,000 Shr earns Net income (.04) (1.74) New Focus Inc. (NUFO) had pro forma earnings of $2.6 million, or 4 cents a share, in the latest quarter, compared with a pro forma loss of $4.3 million, or 11 cents a share, last year. The company defines pro forma as excluding non-cash charges for amortization of deferred stock compensation. New Focus said it expects 2001 revenue of $240 million, based on higher revenue expectations for its units and incremental revenue from its new unit, JCA Technology Inc. This is significantly higher than the company's previous 2001 revenue guidance of $150 million, given in October 2000. Six analysts surveyed by First Call/Thomson Financial currently expect New Focus to post $152.9 million revenue in 2001; nine analysts expect 2001 earnings of 12 cents a share from New Focus. As reported, New Focus acquired JCA Technology, a fiber-optics products maker, in January, for a revised price of about $340 million - including $75 million cash and 10 million New Focus shares. New Focus plans to incorporate JCA's figures into its financial results beginning in the first quarter of 2001. Shares of New Focus were recently quoted on the Island ECN at $55.25, up from Tuesday's close of $49.38. Year Dec. 31: 2000 1999 Revenue $80,358,000 $22,842,000 Net income (35,974,000) (9,273,000) Avg shrs 38,914,000 2,455,000 Shr earns Net income (.92) (3.78) Figures in parentheses are losses. New Focus had a pro forma loss, excluding noncash charges, of $12.2 million, or 22 cents a share, in the 2000 -year, compared with a pro forma loss of $9.1 million, or 30 cents a share, last year. The company makes fiber-optic products for next-generation optical networks.