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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (1876)	1/21/1998 4:41:00 PM
From: SteveG	Read Replies (1) \| Respond to of 4134

<A> (Part 2): Harmonic Lightwaves Earnings -2: 4Q Financial Table Harmonic Lightwaves Inc. - Sunnyvale, Calif. 4th Quar Dec. 31: 1997 1996 Sales $17,350,000 $19,497,000 Net income 580,000 2,405,000 Avg shrs (basic) 10,410,000 10,157,000 Avg shrs (diluted) 11,379,000 11,552,000 Shr earns (basic) Net income .06 .24 Shr earns (diluted) Net income .05 .21 - 'Basic' earnings per share is calculated by dividing net earnings applicable to common shares by common shares outstanding. This replaces 'primary' earnings per share, which included common stock equivalents in the calculation. The year ago per share amounts are restated to reflect the current presentation. ** - 'Diluted' earnings per share includes options, warrants and convertible securities in the calculation.