To: LastShadow who wrote (8509 ) 4/27/1998 1:01:00 PM From: Jenna Respond to of 120523
JDAS, YSII both 1 cent above, WWW 2 cents above, CDG 3 cents above estimate. (not such a great day for good reports) /27/98 - CLIFFS DRILLING NET INCOME INCREASES 115% HOUSTON, April 27 /PRNewswire/ -- Cliffs Drilling Company (NYSE: CDG) today reported net income of $14,972,000 for the first quarter ended March 31, 1998 compared to net income of $6,958,000 for the same period in 1997. This amounted to diluted net income of $0.93 per common share during the first quarter of 1998 compared to $0.45 per common share in 1997. ***************************** YSII..... Revenues for the first quarter of 1998 increased 20.2% to $20.8 million from $17.3 million on a pro forma basis for the first quarter of 1997. Net income increased 159.4% to $1.1 million for the quarter ended March 31, 1998 from $424,000 on a pro forma basis for the comparable prior year quarter. ****************************** JDA Software Reports Record First Quarter Results Revenues Up 83% and Earnings Per Share of $0.26 PHOENIX (April 27) BUSINESS WIRE -April 27, 1998--JDA Software Group Inc. (NASDAQ:JDAS) Monday announced financial results for the first quarter ended March 31, 1998. Revenues for the first quarter were $30.9 million, an increase of 83% over the $16.8 million reported for the first quarter of 1997. Net income for the first quarter was $3.5 million, or $0.26 per share, an increase of 51% over net income of $2.3 million, or $0.18 per share, in the first quarter of 1997. Software license revenues for the three months ended March 31, 1998 were $12.0 million, an increase of 53% over the $7.9 million reported in the comparable prior year period. This increase resulted primarily from the Company's worldwide expansion of its sales and marketing staff, an increase in domestic sales of the MMS product line between such periods, and incremental sales of ODBMS and Retail IDEAS over the comparable prior year period.