excite for web servers found documents about: (Query-By-Example) - higher confidence, - lower confidence; click icons to find similar documents 99% Industry shaken by FileNet's falling earnings Summary: (Posted: Thursday, April 3, 1997, 11:51 AM) FileNet (Costa Mesa, CA) will report a net loss of approximately $9.0 million, or $.60 per share, for the first quarter ended March 31, 1997. FileNet expects to report first quarter revenue of approximately $47 million. 99% Buyers hesitate; earnings shortfall rattles in... Summary: Losses mount for FileNet as customers, vendors and analysts wait and see. Libit believes there are several things confusing customers. "The terminology is confusing," he said. Customers have to pause to understand. It takes awhile to churn through it all," said Libit. 95% FileNet suffers Q2 setback Summary: Imaging World, August 1st, 1996. FileNet suffers Q2 setback. $9 million loss expected for previous six months. For the first time since the acquisitions, Smith acknowledged that assimilating Watermark (Burlington, MA) and Saros (Bellevue, WA) has not been easy. That is not the sort of spin lingo one expects to hear from Smith or FileNet. 94% Insider trading alleged at FileNet Summary: Insider trading alleged at FileNet.filenet.com) artificially inflated its stock price. Further, the suit alleges that FileNet's CFO and other insiders then capitalized on the inflated price by selling large blocks of shares before the price collapsed. The suit alleges that despite the April 1, 1996, announcement of softer than expected sales and a resulting 12 point drop in share price, the... 94% FileNet earnings continue to grow during third quarter Summary: FileNet earnings continue to grow during third quarter.filenet. Net income for the quarter was $3.4 million ($.22 per share) compared with a loss of $1.5 million ($.10 per share) during the third quarter of 1995. For the first nine months of the year, FileNet posted revenues of $196.4 million, a 22% rise from the $161.6 million gathered up in 1995. The company recorded a net loss of $5.9 million... 91% So far, so profitable for newcomer Imation Summary: So far, so profitable for newcomer Imation. (11/6/96) Imation (Oakdale, MN, www.imation. A Zacks Investment Research poll of industry analysts showed that, on average, earnings of $.17 per share were expected. "We are organized and focused for the data storage industry," said William Monahan, Imation CEO. 91% The blame game Summary: It's not that the industry's products can't do the job. They can--and do. What can FileNet--and the industry--do to combat those problems? "Was buying Watermark the right strategic thing for the company to do?" We have some excellent products and customers like them," Libit said. 91% Bottom Line 10-21-96 Summary: Verity (Sunnyvale, CA, Nasdaq:VRTY) reports disappointing results for its first fiscal quarter. While consistent with the results announced previously, the search and retrieval software developer shows a net loss of $1.3 million. This was despite a 74% increase in revenue over the first quarter a year ago. "While we're disappointed in the results for the quarter, we continue to be confident in... 91% Bottom Line 2-3-97 Summary: Certificates evidencing the shares of Data Translation were mailed to stockholders on Friday, Dec. Total revenue for the quarter of $207.7 million compares to $200.9 million in Q4 '95. A net income of $67.8 million and earnings per share of 92 cents are reported. Revenue will approximate $73 million compared with $67.7 million for Q4 '95. Net income will approximate 20 cents per share compared... 90% Scan-Optics posts gain for third quarter Summary: Scan-Optics posts gain for third quarter.com), the company that provides products and systems for data capture, optical character recognition and image processing, has announced that revenues and profits have increased for the third quarter of the year. For the quarter, revenues grew to $10.2 million from $9.8 million for the same time last year. For the year to date, revenues were $31.6 million,... 90% FileNet reports figures Summary: FileNet reports figures. (Friday, January 17, 1997, 9:24 am) FileNet (Costa Mesa, CA, http://www.filenet.com, Nasdaq/NMS: FILE) reports anticipated figures for Q4 '96. FileNet will release final earnings on Feb. 90% Bottom Line 11-18-96 Summary: Due to one-time charges associated with acquisition, FileNet reported a $1.5 million loss for Q3 '95. Net earnings for the OCR solutions provider increased from $914,000 in Q3 '95 to $1.5 million in Q3 '96. Net revenue increased 4% from $4 billion in the comparable quarter of 1995 to $4.2 billion in 1996. Net revenue of $136.4 million for Q3 '96 compares with $134.3 million from the corresponding... 90% Bottom Line 1-1-97 Summary: Net income of $430,000 compares with a net loss of $387,000 in Q2 '96 and income of $2 million in Q3 '95. Net income of $169,000 compares to a net loss of $60,000 in Q3 '95. The company saw a net loss of $1.7 million as compared with net income of $108,000 in the corresponding quarter of 1995. Net income of $1.2 million represents a $3.6 million increase from the third quarter of 1995. Revenue of... 90% Watermark office to close Summary: Watermark office to close. By consolidating the operations, Libit says, "The company will save over time ... a considerable amount." It will eliminate some duplication between its development teams as a result of the consolidation. IDC's Scott McCready sheds no tears for Watermark. By moving to Costa Mesa and putting it under the tutelage of a Bruce Waddington." 90% Caere reports Q3 earnings Summary: Caere reports Q3 earnings.caere. Revenue was up 2.3% for the quarter and net earnings per share increased 64%. Here are the numbers: for Q3'96, revenues were $13.4 million, up from $13.1 million during the same time last year; net earnings were $1.5 million ($.11 per share), compared with $914,000 ($.07 per share) for Q3'95. For the first nine months of this year, Caere has reaped revenues of... 89% Bottom Line 3-17-97 Summary: A net loss for Q4 '96 of $3.9 million compares with net earnings of $228,000 during Q4 '95. Net income of $1.7 million compares with $514,000 in the same period of 1995. Revenue of $90.2 million represents an increase of 59% from $56.8 million in Q4 '95. Net income of $20.1 million compares with $12.3 million in Q4 '95, an increase of 63%. Net earnings of $2 billion compare with $1.7 billion in... 89% Bottom Line Summary: Revenue for the fourth quarter was $268.1 million, compared to $285 million in the prior fiscal year. Fourth quarter revenues from the company's OPEN/software grew to $15 million, up from $8.5 million in the prior year's quarter. Wang reports that fiscal 1996 earnings were $138 million vs. Revenues for the year were $1.09 billion, up 15% from $947.2 million in fiscal year 1995. Revenues for the... 88% News Shorts Summary: The study found that both the quality of a scanned image and of the hardware affect purchasing decisions. FileNet stock at. to FileNet. Sherpa, Rosetta exchange vows. The FileNet agreement also provides the premiere COLD product, Greenbar. 88% Insider trading alleged at FileNet Aclass acti... Summary: Insider trading alleged at FileNet. During this period, Goldman claims, insiders sold shares for as much as $54.50 per share, netting over $10 million in proceeds. FileNet contends that Goldman's action follows a continuing pattern of frivilous litigation against high tech companies. Lerach has been behind at least 53 class action suits lodged against Silicon Valley's top publicly traded high... 87% Adobe earnings are up Summary: Adobe earnings are up.adobe. Total revenue for the quarter of $207.7 million compares to $200.9 million in Q4 '95. A net income of $67.8 million and earnings per share of 92 cents are reported. During the quarter, Adobe shipped new versions of Acrobat 3.0, PageMill 2.0 and Persuasion 4.0.
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