CompuCom (CMPC) + 40 % !!!! - 500 Beiträge pro Seite

[ajuga]

Nach dem es die letzten Tage vor den Zahlen kräftig bergab ging, springt CMPC heute um 40 Prozent nach oben und steigt von einem Tief bei 2,5 $ auf bis zu 3,8 $ (Tageshoch)!!!

Da hatten einige wohl Negatives erwartet. Aber CMPC lag mit 9 Cents Gewinn pro Aktie (4,7 Mio $) deutlich über den Erwartungen von 5 Cents. Und auch der Umsatz konnte um 30 Prozent gegenüber dem 1. Quartal zulegen und betrug 426 Mio $!





CompuCom Reports 2nd Quarter 2002 Results

7/24/2002 6:46:00 PM
DALLAS, Jul 24, 2002 (BUSINESS WIRE) -- CompuCom Systems, Inc. (CMPC) , a provider of outsourcing and systems integration services, today announced net earnings grew to $4.72 million, or $.09 diluted earnings per share. Second quarter 2001 net earnings were $2.07 million or $.04 diluted earnings per share while first quarter 2002 net earnings were $3.36 million, or $.06 diluted earnings per share.

Second quarter 2001 results include goodwill amortization of $.85 million or $.02 per share that is no longer required to be recorded under new SFAS 142 accounting requirements for goodwill and intangible assets adopted this year. First quarter 2002 net earnings include $0.71 million, or $.01 per share, relating to a cumulative effect of a change in accounting principle for negative goodwill. Second quarter net revenues were $426.2 million, down 12.8% when compared to second quarter 2001. The revenue decline was attributable to product revenue, as services revenue of $75.9 million increased 10.0% over last year. On a sequential basis, net revenues increased 30.3%. Product revenue increased 35.1% while services revenue posted a 12.1% gain over the first quarter 2002.

J. Edward Coleman, CompuCom`s chairman, president and chief executive officer, commented on today`s announcement. "Our performance in the second quarter demonstrates the continued benefit of combining our product fulfillment capabilities with a growing set of outsourcing and system integration services to better meet our clients` requirements. In addition, after indicating that we believed product revenue was beginning to stabilize in the first quarter, we are pleased to report 35.1% sequential growth in overall product revenue for the second quarter, with hardware-only revenue growing 16.1% compared to the first quarter."

Gross margins were 12.7% compared to 13.0% in the second quarter 2001 and 15.4% in the first quarter 2002. Services gross margin dollars as a percentage of total gross margin dollars increased to 51.6%, up from 40.3% a year ago and 46.8% in the first quarter 2002. The sequential decline in the gross margin percentage was primarily related to lower product gross margins. This decline in the product gross margin percentage was primarily caused by a higher mix of lower margin software related sales and lower volume incentives earned from suppliers spread over a higher revenue base.

Mr. Coleman concluded, "Highlighted by a 10% growth in services revenue compared to the year ago period, CompuCom continued its transformation to a services-led business. We achieved a major milestone as, for the first time in our history, services accounted for more than 50% of total gross margin dollars."

"Our balance sheet remains strong, as we ended the quarter with $117 million in cash," said M. Lazane Smith, CompuCom`s senior vice president and chief financial officer. "We have continued to focus on the operational aspects of our business with strong results in accounts receivable performance and inventory management. In addition, our continued focus on expense management together with greater leverage of our infrastructure resulted in a decrease in operating expense as a percentage of revenue to 10.8%, down from 12.1% a year ago."

Management from CompuCom Systems, Inc. will host a conference call on Thursday, July 25, 2002 at 10:00 a.m. EDT to discuss the results of the second quarter. To access the call, please dial 800/875-6883 and reference conference ID No. 4925392. The call will also be broadcast on World Investor Link`s Vcall web site at www.vcall.com. A replay will be available by calling 800/642-1687 and referencing Conference ID No. 4925392 through August 1, 2002.

CompuCom Systems, Inc., (CMPC-NEWS) headquartered in Dallas, Texas, is a provider of outsourcing and systems integration services. CompuCom`s clients include Fortune 1000 enterprises, Federal, state and local government, vertical industry leaders, major technology equipment providers, leading-edge systems integrators and wireless technology providers. CompuCom leverages people, process and technology to offer best in class solutions that enable, optimize and operate the digital technology infrastructure. CompuCom is accessible via the Internet at www.compucom.com.

[ajuga]

CMPC schließt seit ein paar Wochen fast immer auf einem neuen 52-Wochen-Hoch. Da interessieren sich irgendeinpaar große Investoren mächtig für die Aktie!!!