Acclaim Entertainment Inc has reported fourth quarter net profits up 17.3% at $16.6m, on turnover up 1.8% at $151.5m; net profits for the year to August 31 were up 22.6% at $55.2m, on turnover that rose 21.6% to $584.7m. Net earnings per share fell 3.3% to $0.31 in the quarter, 6% to $1.06 in the year.
Adaptec Inc has reported second quarter net profits of $557,000, after an exceptional acquisition charge of $32.4m, down from $18.5m profits last time, on turnover up 39.9% at $149.1m; mid-term net profits fell 12.0% to $31.7m, after the charge as above, on turnover up 35.0% at $287.1m. Net per share fell to $0.01 in the quarter, from $0.35 last time, and was down 11.9% to $0.59 in the half.
Cadence Design Systems Inc has reported third quarter net profits up 278.7% at $35.9m on turnover up 27.8% at $140.1m; nine month net profits rose 322.7% to $66.4m on turnover up 25.1% at $384.7m. Net earnings per share rose 293.3% to $0.59 in the quarter, and 345.8% to $0.1.07 in the three quarters. Earnings per share data is adjusted to reflect a previously announced 3 for 2 stock split.
Cambridge Technology Partners has reported third quarter net profits up 53.2% at $3.1m on turnover up 67.8% at $31.2m; nine month net profits rose 60.2% to $9.0m on turnover up 73.3% at $83.5m. Net earnings per share rose 46.2% to $0.19 in the quarter, 48.6% to $0.55 in the three quarters.
Computervision Corp has reported third quarter net profits up 287.2% at $8.0m, on turnover down 7.7% at $125.4m; nine month net profits rose 295.3% to $18.1m, on turnover that was down 13.6% at $376.2m. Net earnings per share rose 300% to $0.16 in the quarter, and 300% to $0.36 in the three quarters.
Cypress Semiconductor Corp has reported third quarter net profits up 136.7% at $32.2m, on turnover up 54.9% at $161.2m; nine month net profits rose 92.8% to $66.9m, on turnover that rose 41.9% at $418.8m. Net earnings per share were up 109.4% to $0.67 in the quarter, 69.0% to $1.42 in the three quarters.
Dialogic Corp has reported third quarter net profits up 29.8% at $4.9m, on turnover up 36.6% at $44.0m; nine month net profits fell 9.1% to $11.0m, on turnover that was up 31.7% at $120.5m. Net earnings per share rose 24% to $0.31 in the quarter, and fell 18.8% to $0.69 in the three quarters.
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Drexler Technology Corp has reported second quarter net losses of $441,000, down $759,000 losses last time, on turnover up 45.1% at $795,000; mid-term net losses were $894,000, down from $1.6m losses last time, on turnover that rose 30.4% at $1.8m.
DSC Communications Corp has reported third quarter net profits up 14.3% at $49.4m, on turnover up 42.0% at $370.1m; nine month net profits rose 31.4% to $143.3m, on turnover that was up 51.7% at $1.0m. Net earnings per share rose 13.5% to $0.42 in the quarter, and 28.7% to $1.21 in the three quarters.
Exabyte Corp has reported third quarter net losses of $24.9m, after a $23m inventory write-down charge, on turnover down 15.1% at $84.1m; nine month net losses were $15.7m, against $23.2m profits last time, on turnover down 0.5% at $277.3m.
General Electric Co Inc has reported third quarter net profits up 17.7% at $1,610.0m, on turnover up 18.5% at $17,341.0m; nine month net profits rose 18.9% to $4,708m, on turnover up 18.8% at $50,276m. Net earnings per share were up 20% to $0.96 in the quarter, 20.3% to $2.79 in the three quarters.
HDS Network Systems Inc saw first quarter net profits virtually static at $398,918, on turnover down 5.8% to $6.1m. Net per share fell 50% to $0.07.
Hughes Electronics Corp reported third quarter net down 11.4% at $189.0m on sales up 2.6% at $3,441m; nine month net profits fell 2.3% to $684.4m, on turnover up 2.5% at $10,743.7m. Net per General Motors Corp Class H share rose 5% to $0.64 in the quarter, 2% to $2.03 in the three quarters.
Informix Corp has reported third quarter net profits up 52% at $25.3m, on turnover up 55% at $180.5m; nine month net profits rose 57% to $66.5m, on turnover up 54% at $491.9m. Net earnings per share rose 50% to $0.18 in the quarter, 50% to $0.48 in the three quarters. Per share figures reflect a two-for-one stock split in June 1995.
Integrated Device Technology Inc has reported second quarter net profits up 101.9% at $34.3m, on turnover up 86.7% at $178.5m; mid-term net profits rose 86.3% to $63.1m, on turnover up 73.5% at $330.7m. Net earnings per share rose 66.7% to $0.40 in the quarter, 59.6% to $0.75 in the half.
KLA Instruments Corp saw first quarter net profits up 111.9% at $27.3m, on turnover that rose 79.2% to $149.1m. Net per share were up 92.6% to $0.52
Micropolis Corp has reported third quarter net losses of $17.5m, up from $10.9m losses last time, on turnover down 25.9% at $58.8m; nine month net losses were $58.9m, up from $35.5m losses last time, on turnover that was down 28.9% at $169.8m.
Microsoft Corp has reported first quarter net profits up 57.9% at $499.0m on turnover that soared 61.7% at $2,016m. Net per share rose 53% to $0.78.
Microtec Research Inc has reported second quarter net profits down 46.7% at $524,000, on turnover that rose 5.3% at $11.4m; mid-term net profits fell 35.4% to $1.2m, on turnover that was up 5.8% at $1.2m. Net earnings per share halved to $0.06 in the quarter, and fell 40.1% to $0.13 in the half.
Symbol Technologies Inc has reported third quarter net profits up 11.4% at $11.5m, after a $2.5m charge for management restructuring, on turnover up 14.8% at $142.8m; nine month net profits rose 34.1% to $34.0m, on turnover up 20.5% at $411.7m. Net earnings per share rose 7.7% to $0.42 in the quarter, and 29.9% to $1.26 in the three quarters.
Wonderware Corp has reported third quarter net losses of $21.0m, against $2.1m profits last time, on turnover up 51.3% at $14.2m; nine month net losses were $15.6m, against $5.2m profits last time, on turnover that was up 57.3% at $38.8m.
