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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: Brooks Jackson who wrote (3641)4/28/1998 6:50:00 PM
From: TLindt  Respond to of 8545
 
More from Investor Insight Dow Jones....

CheckFree Earnings -2: 3Q Financial Table

CheckFree Holdings Corp. - Atlanta
3rd Quar March 31:
1998 1997
Revenues $61,750,000 $50,188,000
Net income a (17,540,000) b (142,856,000)
Avg shrs 55,281,000 50,499,000
Shr earns
Net income (.32) b (2.83)
Figures in parentheses are losses.
a. Includes a noncash charge of $32.4 million related to the vesting
of warrants issued in connection with the Integrion alliance and a gain
of $3.1 million on disposition of assets. Excluding these items, net
income was $57,000, or zero cents a share,

b. Includes a charge of $140 million for inprocess research and
development and a gain of $6.3 million on disposition of assets.
Excluding these items, the company would have posted a loss of
$4.8 million, or 10 cents a share.

"Dow Jones News Service"
"Copyright(c) 1998, Dow Jones & Company, Inc."



To: Brooks Jackson who wrote (3641)4/28/1998 6:53:00 PM
From: TLindt  Respond to of 8545
 
CheckFree Earnings -3: 9 Months Fincl Table, Outlook

9 Months March 31:
1998 1997
Revenues $170,353,000 $121,355,000
Net income c (9,461,000) d (155,907,000)
Avg shrs 54,989,000 44,511,000
Shr earns
Net income c (.17) d (3.50)
Figures in parentheses are losses.
c. Includes a noncash charge of $32.4 million related to the vesting
of warrants issued in connection with the Integrion alliance, a gain of
$28.4 million on disposition of assets, a charge of $719,000 million for
inprocess research and development, and exclusivity amortization of
$3 million. Excluding these items, the company would have posted a
loss of $4.4 million, or 8 cents a share.
d. Includes a charge of $140 million for inprocess research and
development, a gain of $6.3 million on disposition of assets, and
exclusivity amortization of $3 million. Excluding these items, the
company would have posted a loss of $17.9 million, or 40 cents a
share.
CheckFree Holdings Corp. (CKFR) said it completed its fiscal 1999
planning process and expects to achieve revenue of $265 million to
$270 million, and earnings per share of 32 cents for fiscal year 1999.

The 1999 plan assumes the completion of the previously announced
software divestiture by June 30, 1998, and revenue growth of 35%
over fiscal year 1998.
The mean estimate of 12 analysts surveyed by First Call is for net
income of 29 cents a share for fiscal 1999.

CheckFree provides electronic commerce service.

"Dow Jones News Service"
"Copyright(c) 1998, Dow Jones & Company, Inc."