Ralph
17.10.2000, 23:47
Nachbörslich verliert ITWO auf $173, von $180 in der Sitzung .... das könnte morgen nochmal in der Sitzung Druck bringen :(
Hier die Zahlen:
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i2 Technologies Q3 revenue, operating earnings soar
NEW YORK, Oct 17 (Reuters) - i2 Technologies Inc. (NasdaqNM:ITWO - news), whose technology allows companies to transact business and share information with partners online, on Tuesday said third-quarter earnings excluding charges shot up 188 percent, beating Wall Street's expectations.
Dallas-based i2 said before one-time acquisition-related charges and a $22.4-million non-cash charge for a legal settlement, the company earned $28.8 million, or 12 cents a share, compared with $10 million, or 6 cents a share, in the prior-year period.
Analysts had expected the company to earn 10 cents a share, according to First Call/Thomson Financial.
The company also said its board approved a two-for-one stock split, subject to shareholders approval at special meeting expected to be held Nov. 28. The stock split will be paid as a 100 percent stock dividend on or about Dec. 4.
Third-quarter revenues rose 118 percent to $319.5 million, up from $146.3 million in the year-ago period. The analysts' consensus was $276.9 million, with estimates ranging from $264 million to $285 million.
Including one-time items, the company lost $755.7 million, or $3.83 a share compared with a profit of $5.7 million, or 3 cents a diluted share, in the same period last year.
Investors will watch the company's margin numbers, which have traditionally run in the low 90 percent range, said Brent Thill, analyst with Credit Suisse First Boston. Gross margin in the third quarter was 90.6 percent, down from 93.3 percent the quarter before, said David Garrity, analyst with Dresdner Kleinwort Benson.
I2 aims at customers with annual revenues between $100 million to $1 billion and beyond. During the quarter the i2 racked up such wins as business-to-business market exchanges MetalSite and the WorldWide Retail Exchange.
Shares of i2 Tuesday closed at $179-1/16, down 5 before the company announced its financial results. The company's 52-week high was $223-1/2, its low $23-1/8. In after-hours activity on the Instinet stock brokerage system, share of i2 traded at $180-1/2.
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Mal sehen, wie der markt auf C1 und ARIBA reagieren, .... ITWO dürfte morgen Probleme bekommen !
Ralph
Hier die Zahlen:
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i2 Technologies Q3 revenue, operating earnings soar
NEW YORK, Oct 17 (Reuters) - i2 Technologies Inc. (NasdaqNM:ITWO - news), whose technology allows companies to transact business and share information with partners online, on Tuesday said third-quarter earnings excluding charges shot up 188 percent, beating Wall Street's expectations.
Dallas-based i2 said before one-time acquisition-related charges and a $22.4-million non-cash charge for a legal settlement, the company earned $28.8 million, or 12 cents a share, compared with $10 million, or 6 cents a share, in the prior-year period.
Analysts had expected the company to earn 10 cents a share, according to First Call/Thomson Financial.
The company also said its board approved a two-for-one stock split, subject to shareholders approval at special meeting expected to be held Nov. 28. The stock split will be paid as a 100 percent stock dividend on or about Dec. 4.
Third-quarter revenues rose 118 percent to $319.5 million, up from $146.3 million in the year-ago period. The analysts' consensus was $276.9 million, with estimates ranging from $264 million to $285 million.
Including one-time items, the company lost $755.7 million, or $3.83 a share compared with a profit of $5.7 million, or 3 cents a diluted share, in the same period last year.
Investors will watch the company's margin numbers, which have traditionally run in the low 90 percent range, said Brent Thill, analyst with Credit Suisse First Boston. Gross margin in the third quarter was 90.6 percent, down from 93.3 percent the quarter before, said David Garrity, analyst with Dresdner Kleinwort Benson.
I2 aims at customers with annual revenues between $100 million to $1 billion and beyond. During the quarter the i2 racked up such wins as business-to-business market exchanges MetalSite and the WorldWide Retail Exchange.
Shares of i2 Tuesday closed at $179-1/16, down 5 before the company announced its financial results. The company's 52-week high was $223-1/2, its low $23-1/8. In after-hours activity on the Instinet stock brokerage system, share of i2 traded at $180-1/2.
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Mal sehen, wie der markt auf C1 und ARIBA reagieren, .... ITWO dürfte morgen Probleme bekommen !
Ralph