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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: melinda abplanalp who wrote (24440)	11/4/1998 11:52:00 AM
From: VP/CA	Read Replies (1) \| Respond to of 31646

TAVA Technologies, Inc. Announces First Quarter Results TAVA Reports 75% Revenue Increase and Record Net Income DENVER, Nov. 4 /PRNewswire/ -- TAVA Technologies, Inc. (Nasdaq: TAVA - news) today announced revenue for the first quarter increased 75% to a record $19,802,000 from $11,319,000 recorded in the quarter ending September 30, 1997. Gross profits for the quarter were $9,792,000 or 49.4% of revenue. Earnings before interest, taxes, depreciation and amortization were $4,938,000 compared to $29,000 in the quarter ending September 30,1997. The company recorded net income attributable to common shareholders of $3,446,000 or $0.16 per basic share ($0.14 per diluted share) compared to a net loss of $605,000 or ($0.04) per basic share (($0.04) per diluted share) for the quarter ending September 30,1997.