CRYSF.. beats by 1 cent; MEMCF beats by 2: SNRZ by 5; ALI in line; <<Crystal Systems Solutions Ltd. Announces Record 1998 Third Quarter and Nine Months Financial Results; Sunrise Reports 90 Percent Revenue Growth, Record EBITDA & Profits; Announces Continued Strong
Occupancy and Expanded Development Pipeline
Alternative Living Services Reports Third Quarter Financial Results-Achieves Record Capacity to Serve 14,315 Residents and Posts Record Quarterly Earnings of $0.26 Per Share
Already released 1 cent above estimates.. You can watch this tomorrow as usually these stocks don't gap up as much as some others. Also with this crazy market, it could possibly perform sluggishly as well.
Record Revenues of $11.6 Million and Earnings of $0.22 Per Share
HERZLIA, Israel--(BUSINESS WIRE)--Nov. 4, 1998-- Crystal Systems Solutions Ltd. (NASDAQ:CRYSF - news) today reported financial results for the third quarter and nine months ended September 30, 1998. Revenues for the third quarter of 1998 increased 66% to $11.6 million as compared to $7.0 million reported in the same period in 1997. Net income for the third quarter of 1998 was $2.4 million, or $0.22 per share, compared to $1.5 million, or $0.13 per share, for the corresponding period in 1997.
Revenues for the nine months ending September 30, 1998 grew 87% to $31.2 million as compared to $16.7 million reported in the same period in 1997. Net income for the nine months of 1998 increased 110% to $6.7 million, or $0.59 per share, compared with a net income of $3.2 million, or $0.29 per share for the comparable period in 1997.
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MEMCO Software Announces Third Quarter 1998
Results
TEL AVIV, Israel--(BUSINESS WIRE)--Nov. 4, 1998--MEMCO Software Ltd. (Nasdaq: MEMCF - news), a leading provider
of information security software solutions, today announced unaudited financial results for the third quarter and nine months ended
September 30, 1998.
Revenues for the third quarter of 1998 increased by 83% to $14.79 million from $8.08 million for the same period one year ago. A
substantial portion of MEMCO's revenues in the third quarter were derived form the indirect sales channel. Operating income for
the third quarter of 1998 was $2.43 million, an increase of 36% versus $1.79 million for the third quarter of 1997. Net income
reached $2.34 million or $0.13 per share (diluted) compared to $2.51 million, or $0.15 per share (diluted), in the third quarter of
1997.
Revenues for the nine-month period ended September 30, 1998 were $33.89 million, a 84% increase compared with $18.46 million
for the same period one year ago. Operating income for the nine months increased by 50% to $5.65 million from $3.77 million for
the first nine months of 1997. Excluding the one-time charge of $53.2 million, net income for the nine-month period ended
September 30, 1998 was $6.17 million, or $0.34 per share (diluted), compared to $5.4 million, or $0.33 per share (diluted) in the
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Sunrise Reports 90 Percent Revenue Growth, Record
EBITDA & Profits; Announces Continued Strong
Occupancy and Expanded Development Pipeline
same period a year ago. Including the one-time charge, the Company reported a net loss of $46.98 million, or $(2.61) per share
(diluted).
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FAIRFAX, Va. Nov. 4 /PRNewswire/ -- Sunrise Assisted Living, Inc. (Nasdaq: SNRZ - news), a leading, national provider of
assisted living for seniors, today reported a 90 percent increase in third quarter 1998 revenues to $46.2 million from $24.3 million
for the same quarter last year, and a 213 percent increase in earnings before interest, taxes, depreciation and amortization
(EBITDA) to $16.5 million from $5.3 million in the quarter ended Sept. 30, 1997. Depreciation and amortization for the quarter
were $5.7 million, compared to $3 million for the same quarter last year. The Company reported net income for the third quarter
1998 of $6.7 million, or $0.33 per share (diluted), from $1.3 million, or $0.07 per share (diluted), for the same quarter last year.
Alternative Living Services Reports Third Quarter Financial Results-Achieves Record Capacity to Serve 14,315 Residents and Posts Record Quarterly Earnings of $0.26 Per Share
Israeli stocks were in vogue for quite a while probably until about January 1998, they were then in disfavor.. CRYSF is one of the good ones. |
