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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (8193)4/22/1998 12:28:00 AM
From: tom r. phillips  Respond to of 120523
 
THQI (past watch list pick here) reported blow-out earnings after close: "THQI First-Quarter 1998 Net Income Leaps 802 Percent on 309 Percent Revenue Gain". (.84 vs. .12; Zacks est. was for .29). action tomorrow not easy to predict -- 88% of revenue was associated with WCW (World Champ. Wrestling) products for which license ends after this year. will new products fill the hole? etc. (stock got battered last month on news of license ending. has had a good run back up to earnings report). i think run up will continue, even with future revenue concerns. trailing P/E now ~14.

tom phillips



To: Jenna who wrote (8193)4/22/1998 7:53:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
MSPG 2 cents above estimates, ZBRA 3 cents above, NEON 100% Above, 08 cents vs. 4 cents expected.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--April 22, 1998--New Era of Networks(tm), Inc.
(NEON) (NASDAQ:NEON - news) today reported record revenue and net income for the fiscal
first quarter ended March 31, 1998 and its sixth consecutive quarter of bottom-line improvement.

First quarter revenues were $9.6 million, an increase of 161
percent compared to revenues of $3.7 million for the same period last
year. Revenues from software licenses grew 169 percent and revenues
from services and maintenance grew 145 percent. First quarter net
income, untaxed, was $0.8 million or $0.08 per diluted share, compared
to a loss of $(0.8) million, or $(0.57) per diluted share for the same
period last year.
"We are seeing rapid revenue growth combined with steady
profitability improvement," said Rick Adam, NEON Chief Executive
Officer. "We achieved triple-digit revenue growth over last year's
first quarter and 16 percent sequential growth over our strong 1997
fourth quarter. We earned $0.08 per share. Our growth reflects
continued market acceptance of NEON's packaged solutions for
Enterprise Application Integration (EAI)."