1. ist es ein echter turnaround 2. waren nur geringe verkäufer gestern am werk große investoren warten meistens erst noch zwei tagen ab außerdem sind es die BÖSEN DAYTRADEER die immer so handeln SELL ON GOOD NEWS (siehe CMGI,MSFT,VRTL,ENTU,CMRC) hier die news Fortel Reports Third Quarter Fiscal Year 2000 Results Strong Sequential Revenue Growth, Narrowed Operating Loss Reported for the Quarter MONDAY, JULY 24, 2000 8:02 AM - PRNewswire FREMONT, Calif., Jul 24, 2000 /PRNewswire via COMTEX/ -- FORTEL Inc. (Nasdaq:FRTL) today announced results for the third fiscal quarter ended June 30, 2000. Revenue, consisting of software license, maintenance and related services, of $7.8 million increased 113% over comparable revenue in the third fiscal quarter of 1999 and 90% over the second quarter of 2000. Software license revenue of $5.1 million in the current quarter increased 218% over license revenue in the fiscal 1999 quarter and 182% over the second quarter of 2000. Included in revenue in the third quarter of 2000 is software license revenue of $2.87 million from Unisys Corporation, under a December 1999 software license and reseller agreement. (Photo: http://www.newscom.com/cgi-bin/prnh/20000620/FORTELOGO ) Net profit for the quarter, including a $1.0 million one-time gain on settlement of litigation, was $57 thousand or $0.00 per share versus a net loss of $1.8 million, or $0.08 per share for the same quarter of the prior year. Weighted average shares outstanding were 26,386,000 in the June 2000 quarter compared to 21,930,000 for the third quarter of fiscal 1999. The operating loss for the quarter was $952 thousand as compared with a loss of $1.8 million for the similar period the previous year. "I am pleased with the strong license revenue growth generated by our original products and the enthusiastic response to our new product launched May 8. While we improved our operating results this quarter, we still have significant investment to make growing our sales organization and introducing SightLine(TM)," stated Asa W. Lanum, FORTEL Inc. President and CEO. "We are actively recruiting enterprise-class sales personnel and hired six in June. For the remainder of the year, we will work to leverage the opportunity for FORTEL`s real-time, end-to-end performance management software by making sales calls at customers and prospects, hiring and training direct sales and support personnel and expanding our indirect sales channels worldwide." About FORTEL Inc. FORTEL provides the first real-time performance management solution that assures the end-to-end service-level goals of eBusiness. FORTEL`s SightLine suite is based on analysis and correlation software that has been applied and tuned for more than 10 years in the systems management performance arena by customers in finance and banking, defense management, manufacturing, retail services and government. FORTEL counts among its customers many of the world`s largest and most well known organizations and enterprises. The Company is headquartered in Fremont, California, and can be contacted at 510-440-9600 or by visiting its web site at www.FORTEL.com. This press release contains projections and other forward-looking statements regarding future events or the future financial performance of the Company. These statements are only predictions and actual events or results may differ materially. Refer to the documents the Company files from time to time with the Securities and Exchange Commission. These documents contains and identify important factors that could cause the actual results to differ materially from those contained in the projections or forward-looking statements in this press release. Consolidated Financial Summary follows. NOTE: FORTEL and SightLine are trademarks of FORTEL Inc. All other product names and brand names are trademarks or registered trademarks of their respective holders. FORTEL Inc. CONSOLIDATED SUMMARY OF FINANCIAL STATEMENTS Consolidated Statements of Operations (In Thousands Except Per Share Data) (Unaudited) Three MonthsEnded Nine Months Ended 6/30/00 6/30/99 6/30/00 6/30/99 Net sales $7,791 $6,318 $ 17,402 $ 16,457 Cost of goods sold 2,421 3,427 5,771 7,100 Research & development expenses 1,184 749 2,536 2,017 Selling, general and administrative expenses 5,138 3,920 13,895 11,470 Loss from unconsolidated company -- -- -- 1,512 Operating loss (952) (1,778) (4,800) (5,642) Other (income) expense (1,009) 62 (869) 1,037 Net profit (loss) $57 $(1,840) $ (3,931) $ (6,679) Net profit (loss) per common share $0.00 $(0.08) $(0.15) $(0.31) Number of shares used in per share calculation 26,386 21,930 25,760 21,739 Consolidated Balance Sheets (In Thousands) (Unaudited) (Audited) June 30, Sept. 30, 2000 1999 Assets Current assets Cash and cash equivalents $1,280 $1,670 Accounts receivable 4,717 3,719 Deferred and refundable taxes 204 205 Other current assets 1,296 1,218 Total current assets 7,497 6,812 Fixed assets, net 864 738 Other assets, net 3,729 4,102 Total assets $ 12,090 $ 11,652 Liabilities and shareholders` equity Current liabilities Accounts payable $3,408 $2,568 Accrued liabilities 1,314 1,114 Short-term debt 970 -- Deferred revenue 3,491 2,073 Total current liabilities 9,183 5,755 Shareholders` equity: Preferred stock -- 2,000 Common stock 74,281 71,340 Accumulated deficit (71,374) (67,443) Total shareholders` equity 2,907 5,897 Total liabilities and shareholders` equity $ 12,090 $ 11,652 schöne woche bye andy P.S. meine Drugmax DMAX 931029 gegen den trend mit 10 % im plus |
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aus der Diskussion: | ich sage für dienstag einige 100 % an |
Autor (Datum des Eintrages): | firstecom (25.07.00 09:53:38) |
Beitrag: | 14 von 15 (ID:1400548) |
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