ADIC Reports Breakeven First Quarter EPS As Mix, Margin Show Continued Strategic Improvement; Branded Sales Up 8%, OEM Sales Down 21%; $15+ Million Cash from Operations.
Business Wire › February 17, 2005
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ADIC Reports Breakeven First Quarter EPS As Mix, Margin Show Continued Strategic Improvement; Branded Sales Up 8%, OEM Sales Down 21%; $15+ Million Cash from Operations.
REDMOND, Wash. -- ADVANCED DIGITAL INFORMATION CORPORATION (Nasdaq:ADIC) today announced a small net loss of $270,000, or zero cents per share, on sales of $110.8 million for the first quarter ended January 31, 2005. The Company earned $4.8 million, or seven cents per share, on sales of $118.3 million during the same period a year ago and $5.7 million, or nine cents per share, on sales of $115.4 million in the immediately preceding fourth quarter.
Gross profit as a percentage of sales for the period was 29.6 percent, the highest in the past f...See the full content of this document
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