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 : California Amplifier - 2 -- Ignore unavailable to you. Want to Upgrade?

To: John Liu who wrote (2246)	9/19/2002 9:48:36 PM
From: antman2182	Respond to of 2267

Dow Jones Business News California Amplifier Earns 12 Cents/EPS In 2002 2nd Quarter Thursday September 19, 4:34 pm ET By Pat Maio, Of DOW JONES NEWSWIRES LOS ANGELES -(Dow Jones)- Wireless technology maker California Amplifier Inc. (NasdaqNM:CAMP - News) said Thursday that its fiscal second-quarter results beat Street estimates by three cents a share, fueled by tight control of expenses and higher demand for satellite products. In its quarter ended Aug. 31, the Camarillo, Calif.-based company reported profit of $1.8 million, or 12 cents a share, on revenue of $27.5 million. This compares with profit of $465,000, or 3 cents, on revenue of $24.7 million, in the year-earlier period. A survey of analysts by Thomson First Call estimated earnings per share of 9 cents on revenue of $24 million in the company's second fiscal quarter. "These improved results were related primarily to a stronger than originally anticipated demand for certain higher value-added satellite products and also continued tight control of expenses," said Fred Sturm, president and chief executive of California Amplifier.