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Technology Stocks : Hi/fn™ (pronounced "hyphen" ) (ticker:HIFN) -- Ignore unavailable to you. Want to Upgrade?


To: caly who wrote (926)10/27/2004 6:05:06 PM
From: caly  Read Replies (1) | Respond to of 928
 
Good quarter, but it sounds like the next two won't be so hot.

4:53PM hi/fn beats by a penny (HIFN) 8.14 +0.14: Reports Q4 (Sep) earnings of $0.02 per share, $0.01 better than the Reuters Estimates consensus of $0.01; revenues rose 114.5% year/year to $13.3 mln vs the $13.1 mln consensus. "We do see signs of softer demand in the short term that will depress revenues by about 10% in the December quarter. There will be a continuing although more minor impact in the March quarter and we are unlikely to be profitable in either quarter. This slowdown is broad based in markets (USA and the Far East) and in semiconductor companies affected, with many pre- announcing reduced revenue and earnings."