Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: TMFSpirit Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 483  
Subject: Q3 earnings $0.10 per share Date: 10/23/1999 10:46 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Good morning,

Yesterday -Barringer Technologies announced results for its third quarter and nine months ended September 30, 1999.

For the third quarter of 1999, revenues increased 72.5% to $5.3 million compared to $3.1 million in the third quarter of 1998. On a pretax basis, earnings from continuing operations rose 244% to $1.2 million in the 1999 third quarter from $338,000 in the comparable 1998 quarter. Income from continuing operations of $720,000 or $0.10 per diluted share in the third quarter of 1999 is not comparable to income from continuing operations of $533,000 or $0.06 per diluted share in the same quarter in 1998, because in the third quarter of 1999 the Company recorded tax expense of $442,000 whereas in the 1998 third quarter the Company recorded a tax benefit of $195,000. Net income in the third quarter of 1999 rose 69.4% to $720,000, or $0.10 per diluted share compared to net income of $425,000 or $0.05 per diluted share in the third quarter of the prior year period. The results for the third quarter of 1998 include a loss from the Company's discontinued DigiVision operation of $108,000, or $0.01 per diluted share.

Click on the news link above to read the full press release.

Keep Foolish and Prosper,

Spirit

PS: If you're new to the message boards, welcome to The Motley Fool...If you need any help try going to our Fool school at: http://www.Fool.com/school.htm and read the 13 steps to Investing, Investing Basics and much more.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Post of the Day:
TMFDeej's CAPS Blog

Activist Investors Unlocking Value at LSB Industries?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement