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Sun shines through tech clouds - just
News Sun Microsystems edged a penny ahead of lowered analyst expectations Thursday, reporting pro forma net income of $263m (£182m), or 8 cents a share, on revenue of $4.1bn. Compared with the year-ago quarter, Sun's revenue grew 2 percent from $4bn...
[April 20, 2001, 8:17]
Macromedia beats 3Q estimates, merges with Allaire
News Macromedia also reported pro forma third quarter earnings that beat analyst expectations by 2 cents a share. The company predicted flat revenue and pro forma earnings for its software business for the fourth quarter of fiscal 2001.
[January 17, 2001, 14:38]
Electronics sales boost Amazon's results
News Earlier this month, in a preview of Tuesday's report, Amazon projected that its revenue would be higher and pro forma net loss lower than analysts had previously expected. The Seattle-based company posted a pro forma net loss of $49m, or 21 cents...
[April 25, 2001, 9:08]
Amazon cuts 1,300 jobs on Q4 losses
News In addition, the company said it expects to be profitable on a pro forma basis by the fourth quarter of 2001. The Seattle-based company posted a pro forma net loss of $90.4m (£61.8m), or 25 cents per share, excluding investment and other non...
[January 31, 2001, 7:55]
Amazon surges on first-quarter outlook
News The online retailer said Monday it would post a pro forma loss of slightly less than $50m, or about 22 cents per share. Amazon also reaffirmed earlier guidance for 2001, which had included predictions of a pro forma profit in the fourth quarter.
[April 9, 2001, 13:50]
Price wars give Amazon an edge
News The company sold $412m worth of books, CDs, DVDs and videos in North America in the quarter, posting a pro forma operating profit of $43m on these sales. On a pro forma basis, which excludes the amortisation of goodwill, stock-based compensation...
[October 25, 2002, 9:10]
Amazon posts first profit
News Amazon had been blasted by accounting critics for being the poster child for pro forma accounting before it began reconciling its results to GAAP and providing investors a higher level of supplemental data.
[January 22, 2002, 13:17]
More job cuts ahead for Yahoo?
News But they were drastically down from last year's pro forma profit of $81.1m, or 13 cents a share. Those pro forma numbers were in line with Wall Street's consensus estimates for the quarter ending 30 September, according to First Call.
[October 11, 2001, 9:47]
Irish chip designer makes positive noises
News This gave Parthus a pro-forma profit of £42,000 in its second quarter. The company had previously said it was aiming to achieve its first pro-forma profit in the third quarter of this year. While the semiconductor operating environment remains...
[July 17, 2002, 13:27]
Wall Street boos Amazon's juggling act
News Amazon's pro forma results exclude a host of costs and charges. On the bottom line, pro forma operating losses are expected to be flat or slightly down from the second quarter's, Amazon said, putting them around 16 cents a share, much better than...
[July 25, 2001, 8:00]
EBay posts profit as auctions stay strong
News Excluding charges such as stock-based compensation and employer payroll taxes, eBay posted a pro forma profit of $33.5m, or 12 cents per share. The company now expects its pro forma earnings to be as much as 21 cents to 22 cents per share, about 1...
[July 20, 2001, 11:03]
PeopleSoft beats estimates
News Fourth-quarter earnings per share were 20 cents on a pro forma basis, which was in line with First Call's estimate, and licence revenue was $185m, hitting the company's own previous targets. That and a number of other factors, including improving...
[January 30, 2004, 10:35]
AOL keeps up strong performance
News Including non-recurring events and Netscape, AOL earned $420m, or 33 cents a share, compared to a pro forma loss of $78m, or 8 cents a share, in the third quarter of 1998. Third quarter revenue increased to $1.3bn, a year-over-year pro forma gain...
[April 28, 1999, 9:43]
Lucent ousts chief executive
News The company also said pro forma revenue from continuing operations for the current first quarter to drop around 7 percent and pro forma earnings per share from continuing operations to break even. Lucent Technologies booted out chief executive Rich...
[October 23, 2000, 15:20]
Cisco may gain from old inventory
News Because there are no rules governing pro forma results, companies often exclude a host of items usually considered expenses under GAAP. Wall Street analysts say pro forma results give investors a better look at the operations of a company, but...
[February 1, 2002, 13:16]
HP tempers profit report with caution
News We will provide restated pro forma information (and) lay out time frames of synergies and cost savings," he said of the 4 June meeting. HP met profit expectations by analysts, who predicted the company would report earnings of 25 cents per share on...
[May 15, 2002, 9:24]
Priceline to unveil second Asian site
News Priceline reiterated that its second-quarter revenue will be between $320m and $350m with pro forma earnings of 3 cents a share to 5 cents a share. For the year, Priceline is targeting pro forma earnings of 12 cents a share.
[May 24, 2002, 7:32]
Ebay pays up for new pal
News PayPal actually reported reaching operating profitability before it went public, and last month the company said it expected to report second-quarter revenue of between $53m and $54m, with pro forma earnings per share of between 8 cents and 9 cents.
[July 8, 2002, 13:56]
HP attributes profits to products
News The income amounted to 25 cents per share, or 29 cents per share on a pro forma basis that excludes $86m related to acquisitions of Bluestone and Compaq, goodwill amortisation and other charges. Analysts surveyed by First Call had expected pro...
[February 14, 2002, 12:37]
Network Associates pulls McAfee bid
News In the first quarter of 2002, excluding results for McAfee.com, Network Associates posted a pro forma profit of $15.9m, or 9 cents per share, on revenue of about $202m -- improvements in both cases compared with the same period a year earlier.
[April 25, 2002, 16:33]
