|
Tuesday June 12, 4:30 pm Eastern Time Press Release CMGI Presents Financial Guidance for Fourth Quarter of Fiscal 2001 ANDOVER, Mass.--(BUSINESS WIRE)--June 12, 2001--In conjunction with its financial results for the third fiscal quarter ended April 30, 2001 (see separate release), CMGI, Inc. (Nasdaq: CMGI - news), a leading Internet operating and development company, today announced its projected financial results for the fourth quarter of its 2001 fiscal year (ending July 31, 2001). The guidance detailed below will also be reviewed on the Company`s Q3 financial results conference call and webcast, to be held today at 5 PM Eastern Time. For additional information and/or to participate in the webcast, visit the CMGI web site at: http://www.cmgi.com/investors/investor_info_webcast.jhtml." target="_blank" rel="nofollow ugc noopener">http://www.cmgi.com/investors/investor_info_webcast.jhtml. Financial Guidance for Q4 Fiscal 2001 Note: Recurring operating loss excludes restructuring charges, depreciation, and amortization of intangible assets and stock-based compensation. Consolidated CMGI Q4 Consolidated Revenue: is expected to be $280 to $290 million. Q4 Consolidated Gross Profit Margin: is expected to be 7% to 9%. Q4 Consolidated Recurring Operating Loss: is projected to be $120 to $130 million. Weighted average shares outstanding for the fourth fiscal quarter is projected to be approximately 345 million. eBusiness & Fulfillment Segment Revenue: is expected to be $188 to $190 million in Q4. Gross Profit Margin: is projected to be 8% to 10% in Q4. Recurring Operating Loss: is projected to be $3 to $5 million in Q4. Search & Portals Segment Revenue: is expected to be $28 to $30 million in Q4. Gross Profit Margin: is projected to be 56% to 58% in Q4. Recurring Operating Loss: is projected to be $12 to $15 million in Q4. Interactive Marketing Segment Revenue: is expected to be $22 to $24 million in Q4. Gross Profit Margin: is projected to be 25% to 27% in Q4. Recurring Operating Loss: is projected to be $23 to $25 million in Q4. Internet Professional Services Segment Revenue: is expected to be $12 to $14 million in Q4. Gross Profit Margin: is expected to be 30% to 32% in Q4. Recurring Operating Loss: is projected to be $1 to $3 million in Q4. Infrastructure and Enabling Technologies Segment Revenue: is expected to be $29 to $31 million in Q4. Gross Profit Margin: is expected to remain negative between $19 and $21 million in Q4. Recurring Operating Loss: is projected to be $53 to $55 million in Q4. About CMGI and @Ventures CMGI, Inc. (Nasdaq: CMGI - news) is a leading global Internet operating and development company, including both CMGI operating businesses and synergistic investments made through its venture capital affiliate, @Ventures. Companies in the CMGI network span a range of vertical market segments including search and portals; infrastructure and enabling technologies; e-business and fulfillment; interactive marketing; and Internet professional services. CMGI leverages the technologies, content and market reach of its extended network to foster rapid growth and industry leadership across the Internet Economy. Compaq, Pacific Century CyberWorks and Sumitomo hold minority positions in CMGI. CMGI`s majority-owned operating companies include Engage (Nasdaq: ENGA - news), NaviSite (Nasdaq: NAVI - news), Activate, AltaVista, CMGion, Equilibrium, MyWay.com, NaviPath, SalesLink, Tallan, uBid and yesmail.com. @Ventures has ownership interests in 48 companies, with a focus on identifying, investing in and developing emerging technology companies and eBusinesses. CMGI`s corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. @Ventures has offices there, as well as at 3000 Alpine Road, Menlo Park, CA 94028. For additional information, see http://www.cmgi.com and http://www.ventures.com. This release contains forward-looking statements which address a variety of subjects including, for example, the expected growth and expansion of CMGI`s business and operations, the expected financial results of CMGI and its segments and operating companies, the expected benefits resulting from CMGI`s segmentation structure and restructuring efforts, the expected funding levels of @Ventures, the expected decrease in cash burn rate, and expected market conditions. All statements other than statements of historical fact, including without limitation, those with respect to CMGI`s beliefs, projections, goals, plans and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: CMGI`s success is dependent upon its ability to integrate its operating companies in accordance with its segment strategy; CMGI`s success, including its ability to decrease its cash burn rate, improve its cash position and reach profitability, depends on its ability to execute on its business strategy and the continued and increased demand for and market acceptance of CMGI`s and its operating companies` web sites and the Internet in general; CMGI may experience difficulties integrating technologies, operations and personnel in accordance with its business strategy; and increased competition and technological changes in the markets in which CMGI competes. For a detailed discussion of cautionary statements that may affect CMGI`s future results of operations and financial results, please refer to CMGI`s filings with the Securities and Exchange Commission, including CMGI`s most recent Quarterly Report on Form 10-Q. Contact: CMGI, Inc. Andrew J. Hajducky III EVP and Chief Financial Officer (978) 684-3660 ahajducky@cmgi.com or Catherine Taylor CMGI Investor Relations (978) 684-3540 ctaylor@cmgi.com or John Stevens CMGI Corporate Communications (978) 684-3060 jstevens@cmgi.com gruss tb 2 |
|
| aus der Diskussion: | Die Quartalszahlen von CMGI |
| Autor (Datum des Eintrages): | thebull 2 (12.06.01 23:09:08) |
| Beitrag: | 14 von 24 (ID:3724425) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |