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


To: 2MAR$ who wrote (751)10/24/2001 10:41:49 PM
From: SusieQ1065  Respond to of 762
 
QLGC ($36-41 zoom) P/E 58...In line rev's and earnings..

QLogic (QLGC) 36.08 -1.32: Reports Q2 (Sep) earnings of $0.19 per share, in line with the Multex consensus of $0.19; reports Q2 revenues of $81.7 mln vs the consensus of $81.9 mln; demand for Fibre Channel solutions grew sequentially during the second quarter, partially offsetting weakness in the SCSI business.

QLogic Q2 results reflect fiber channel growth
(UPDATE: updates with analysts' comments, paragraphs 5 and 6)

ALISO VIEJO, Calif., Oct 23 (Reuters) - QLogic Corp. (NasdaqNM:QLGC - news), a designer and supplier of storage area network equipment whose shares have been rebounding, on Tuesday met analysts' expectations for its fiscal second-quarter ended Sept. 30, a result of growth in its key market segment.
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QLogic said it posted $17.8 million in net income, or 19 cents per share on a diluted basis in its second quarter, a 26 percent drop from $24 million in net income, or 24 cents per share, in the year-ago period.

Analysts surveyed by Thomson Financial/First Call on average had expected the Aliso Viejo, California-based company to post earnings of 19 cents per share, with individual forecasts ranging from 16 cents to 21 cents a share.

The company said demand for fiber channel solutions, its key market segment, grew sequentially during the second quarter, partially offsetting weakness in other business lines.

``Fiber channel is now 70 percent of the business,'' said Shaw Wu, a research analyst with Banc of America Securities. ``That is up from 61 percent last quarter and 53 percent a year ago.''

``They have pulled it out so far,'' added Glen Ingalls, a principal with SoundView Technology Group. ``The company is trying to manage through difficult times and so far it looks like they are doing a pretty good job.''

QLogic shares closed on Tuesday at $36.08, down $1.32 or 3.5 percent for the day, but up 110 percent from a recent bottom of $17.21 on Sept. 21.



To: 2MAR$ who wrote (751)10/30/2001 11:14:47 AM
From: long-gone  Respond to of 762
 
Massive upside surprise

newmont.com



To: 2MAR$ who wrote (751)1/26/2002 11:07:06 AM
From: SusieQ1065  Read Replies (1) | Respond to of 762
 
TLGD ($33-$24) P/E 16..misses by 1 cent, misses on rev's, warns...

1/24..07:08 ET Tollgrade Comm (TLGD) 31.91: Posts Q4 net of $0.15 a share, $0.01 worse than consensus, vs yr-ago EPS of $0.58. Sales fell to $16.4 mln, below consensus of $18.06 mln. Co warns for Q1, projecting EPS of $0.06-$0.10 (consensus $0.15).

Thursday January 24, 6:31 am Eastern Time
Tollgrade 4th Qtr profits slump on weak demand
PITTSBURGH, Jan 24 (Reuters) - Tollgrade Communications (NasdaqNM:TLGD - news), which makes testing equipment for telephone and cable lines, on Thursday said its fourth-quarter profits slumped as service carriers curtailed spending in a weaker economy.

The company reported income of $1.9 million, or 15 cents per share, compared with $7.8 million, or 58 cents per share, a year earlier.

Tollgrade Communications reported revenue of $16.4 million compared with $32.5 million a year earlier.

For the first-quarter, Tollgrade sees earnings of 6 cents to 10 cents per share and revenues of $16 million to $18 million.