To: Dana who wrote (5202 ) 4/8/1998 12:20:00 PM From: Steve Rubakh Respond to of 34592
Thanks Joe for STVI. You are amazing!!!! STV Group, Incorporated provides engineering and architectural consulting and design services on a variety of projects for the public and private sectors. For the three months ended 12/31/97, revenues increased 6% to $24.1M. Net income increased from $158K to $412K. Results reflect demand for the firm's work, primarily in the transportation area. Results also reflect lower interest expense due to improved cash receipts. Friday January 30, 5:55 pm Eastern Time STV Group Posts 1Q EPS $0.22 vs $0.08 on 6% Rev Rise STV Group, Inc. Reports Highest Earnings in 10 Years For First Quarter of Fiscal 1998 DOUGLASSVILLE, Pa., Jan. 29 /PRNewswire/ -- STV Group, Inc. (Nasdaq: STVI - news), consulting engineers, architects, planners, scientists and construction managers, today reported net income of $412,000 on total revenues of $24,135,000 for its first quarter of fiscal 1998, which ended December 31, 1997. In fiscal 1997, the firm reported net income from operations of $158,000 in the first quarter on total revenues of $22,736,000. Net diluted earnings per common share were 22 cents for the first quarter of fiscal 1998 as compared to 8 cents for the first quarter of fiscal 1997. Michael Haratunian, STV chairman and chief executive officer, described the results as the company's best first-quarter performance in the last 10 years. He noted a substantial improvement in profitability, with the firm's work on the Amtrak's Northeast Corridor high-speed rail project contributing substantially to this effect. This contract and similar projects in the transportation infrastructure market will continue through 1999. STV's contract backlog is *************$120 million***************. Monday March 16, 12:30 pm Eastern Time STV GROUP INC. Sets Two-for-One Stock Split Mar. 13, 1998, STV Group Inc. (Nasdaq:STVI - news) said it declared a two-for-one stock split on common, payable April 13 for shareholders. ************************************************************************ Very interesting play...here! Only 150K float and splitting 2 for 1on April 13th. Feels like SIEB/KWIC all over again!!! Annual sales 96.1mil. PE 29.92. Very kosher co. Volume is flipping. People trying to get in before split. NO SHARES AT ALL... NO SHORTS..... I see it at 25 tomorrow! Good luck.