To: Jenna who wrote (31567 ) 4/7/1999 5:12:00 PM From: Jenna Read Replies (2) | Respond to of 120523
After the close: 3 earnings plays beat the street. INTV beat by about 5 cents, COGN beats by 4 cents and YHOO beat by 2 cents and the whisper by 1 cent. InterVoice Announces Record Fourth Quarter and Annual Results DALLAS, April 7 /PRNewswire/ -- InterVoice, Inc. (Nasdaq: INTV - news) announced today sales of $38,823,310 and earnings of $7,254,480, or $0.24 per diluted share, for the fourth quarter of its fiscal 1999. During the full fiscal year 1999, the Company generated sales of $136,904,131 and earnings of $20,192,916, or $0.68 per diluted share. These results compare to sales of $22,743,738 and a loss of $7,883,147, or $0.28 per diluted share, during the fourth quarter of fiscal 1998, and sales of $102,307,713 and a loss of $5,139,846, or $0.17 per diluted share, for the full fiscal year 1998. Cognos(R) Reports Record Fourth Quarter and Full Year Results Web Products Drive 33 Percent Growth in Fourth Quarter Business Intelligence License Sales OTTAWA, APRIL 7 /PRNewswire/ -- Cognos Incorporated (Nasdaq: COGN - news; TSE: CSN - news) today announced final results for its fourth quarter and full year ended February 28, 1999. Revenue for the quarter was $86.9 million, a 23 percent increase over the same period last year. Pretax and net income for the fourth quarter include writedowns related to the previously announced acquisitions of Relational Matters and LEX2000 Inc. These writedowns amount to a charge against after-tax income of $3.3 million, representing the valuation of in-process research and development associated with these acquisitions. Excluding the effects of both these items, net income for the fourth quarter would have been $20.5 million and 47 cents per share. This compares with $17.0 million and 38 cents per share, respectively, for the same period last year. Including the effects of both these writedowns, pretax income for the fourth quarter was $21.3 million, compared to pretax income of $20.8 million in the fourth quarter of last year, and net income for the fourth quarter was $17.2 million and 39 cents per share.