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

To: 2MAR$ who wrote (600)	4/28/2001 9:47:15 PM
From: 2MAR$	Read Replies (1) \| Respond to of 762

ANEN 4/25 ( miss! $22 down $16 ) reports flat earnings on wireless market downturn (UPDATE: adds details in paragraphs 6-9) SYRACUSE, N.Y., April 24 (Reuters) - Anaren Microwave Inc. (NasdaqNM:ANEN - news), which makes microwave components for wireless and satellite communications, on Tuesday reported flat earnings per share in the third quarter, citing the downturn in the wireless market. ADVERTISEMENT The company reported net income of $2.7 million, or 12 cents a diluted share, for the quarter ended March 31, compared with $2.2 million, or 12 cents a share, in the year earlier period. Shares outstanding totaled 23.5 million, compared with 18.4 5 million a year ago. Revenues rose 39 percent to $21.7 million from $15.6 million a year ago. But after adjusting for two recent acquisitions, revenues rose only 1 percent. Last month, the company warned its earnings would be in a range between 12 and 14 cents a share, compared with the Wall Street consensus estimate at that time of 18 cents a share, as compiled by Thomson Financial/First Call. ``An increasing number of reductions in demand forecasts and delivery push-outs late in February and continuing through the month of March had a severe negative impact on each of our wireless product lines,'' said Anaren Chief Executive Lawrence Sala in a statement. The company said it cut its workforce as part of an effort to reduce expenses. The company was not immediately available for further comment. Anaren expects earnings to be in a range of 2 cents to 6 cents a share, compared with a First Call consensus of 12 cents with a range of 11 to 13 cents. It reported earnings of 16 cents a share in the year earlier period. It expects sales for the fourth quarter to be in a range of $15 million to $17 million, compared with $18.8 million in the fourth quarter of 2000. Shares closed at $20.80, down 5 percent, or $1.10, in Nasdaq trading.

To: 2MAR$ who wrote (600)	6/19/2001 2:25:51 AM
From: 2MAR$	Read Replies (1) \| Respond to of 762

ORCL ( $14.80 DCB $17) Oracle scrapes by in latest quarter by penny ($15c) By: Wylie Wong 6/18/01 4:40 PM Source: News.com Oracle edged past analysts' estimates Monday, as fourth-quarter revenue dipped slightly from a year ago. The database giant earned a fourth-quarter profit of $855 million, or 15 cents a share, compared with last year's fourth-quarter profit of $926 million, or 15 cents a share. Wall Street analysts polled by First Call had predicted earnings of 14 cents a share. For the fourth quarter, ended May 31, revenue fell 3 percent, from $3.37 billion in 2000 to $3.27 billion this year. Analysts had expected Oracle to generate $3.4 billion in revenue. The fourth-quarter sales figure for database software was flat at about $1.2 billion, while application software revenue fell 24 percent to $338 million compared with last year, Oracle executives said. Revenue from consulting, education, support services and other areas reached $1.65 billion. In after-hours trading, Oracle's shares jumped $1.35, from $14.84 to $16.19. Banc of America Securities analyst Bob Austrian said Oracle did not have a good quarter after a Herculean effort to increase its software revenue. "The earnings are better than feared and revenue was lighter than hoped. So huge cost controls has been their secret this quarter," he said. "It's done a decent job in a tough environment. It was impressive in its profitability, but getting there through cost controls is hard to sustain. They've lost ground in applications." Because of Oracle's bellwether status in the technology sector, investors closely watched the company's results Monday for any sign of an economic turnaround. Oracle executives blamed slower software sales on the economic slowdown that has afflicted the United States and has spread to Europe. Oracle CFO Jeff Henley said the company expects flat sales growth in the upcoming first quarter and earnings of 8 cents per share. Henley, however, said he's cautiously optimistic that the economy will pick up by year's end. "For the third quarter in a row, there's less demand and less visibility than in a normal economy. It feels to us that in Q4 we hit the bottom, and if anything, demand could be getting better in Q1," Henley said in a conference call with analysts. "This will probably start modestly." Oracle, which announced a profit warning for the third quarter, managed to stave off an earnings warning for the fourth quarter. Like other technology companies, Oracle previously said the economic outlook was too cloudy to accurately predict fourth-quarter results. In March, Oracle executives said they expected the economy to worsen in the fourth quarter and planned for flat revenue growth that would result in earnings of 15 cents a share. To pump up sales of its flagship database software, Oracle last Thursday shipped its new 9i database and announced a new pricing plan to be more competitive with rivals IBM and Microsoft, which sell their databases at cheaper prices. During the conference call, Oracle CEO Larry Ellison said once the economy improves, he expects quarterly database sales to grow at a 15 percent to 20 percent rate, while application sales will grow at a 50 percent to 100 percent pace. For the fiscal year, the company's net income increased 25 percent to $2.6 billion, or 44 cents a share. Fiscal-year revenue increased 7 percent to $11 billion.