SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Applied Voice Technology Inc. (AVTC) -- Ignore unavailable to you. Want to Upgrade?


To: Capitalizer who wrote (98)1/27/1999 2:40:00 AM
From: Capitalizer  Read Replies (1) | Respond to of 119
 
From Earnings Report:

Looking strong--chart in nice position too. Hope market holds up!

KIRKLAND, Wash.--(BUSINESS WIRE)--Jan. 26, 1999--AVT Corporation
(Nasdaq:AVTC) today reported its financial results for the quarter ended Dec. 31, 1998.

Sales were at record levels for the quarter, increasing to 23,687,000, a 35% increase from
17,588,000 in the prior year quarter. Excluding non-recurring charges described below,
quarterly earnings increased 52% and were 3,950,000 or 0.29 per diluted share, as
compared to 2,604,000 or 0.20 per diluted share in the comparable prior-year quarter.

For the year ended December 31, 1998 sales were a record 81,126,000, a 40% increase
over the comparable prior-year period. Excluding non-recurring charges described below,
earnings increased 51% and were 11,793,000 or 0.90 per diluted share, as compared with
7,785,000 or 0.62 per diluted share in the prior-year.