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Technology Stocks : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?

To: Sally Gallagher who wrote (297)	4/29/1998 12:27:00 PM
From: Robert Floyd	Read Replies (1) \| Respond to of 1956

Help me out here, the following report states 1998 Weighted average number of shares outstanding - Diluted was 4,938 thousand. If so, does the .04 per share compute? Command Systems, Inc. Consolidated Condensed Statement of Income (In thousands, except per share data) (unaudited) Three Months Ended March 31, 1998 1997 Net Revenue $7,934 $5,144 Cost of Revenue 5,110 3,846 Gross Profit 2,824 1,298 Selling, general and administrative expense 2,157 1,474 Amortization of goodwill 114 -- Earnings/(Loss) from operations 553 (176) Other: Interest (income)/expense, net (6) 38 Earnings/(Loss) before provision for income taxes559 (214) Provision for income taxes 104 -- Minority Interest -- 57 Net Income/(Loss) $455 $(271) Earnings/(Loss) per share - Basic (A) $0.04 $(0.06) Earnings/(Loss) per share - Diluted (A) $0.04 $(0.06) Weighted average number of shares outstanding - Basic 4,877 4,275 Weighted average number of shares outstanding - Diluted 4,938 4,275 (A) In 1998 after deducting preferred stock dividends of $260,000. Condensed Consolidated Balance Sheet (In thousands) (unaudited) Mar. 31, Dec. 31, 1998 1997 Current assets Cash $ 21,401 $392 Accounts receivable, net 4,937 4,203 Other current assets 301 407 Total current assets 26,639 5,002 Property and equipment, net 2,136 2,034 Other assets 7,276 7,389 Total assets $ 36,051 $ 14,425 Liabilities $3,114 $4,924 Stockholders' equity 32,937 9,501 Total liabilities and stockholders' equity $ 36,051 $ 14,425 SOURCE: Command Systems, Inc. --------------------------------------------------------------------------------