Iomega - Q4 net income falls
Iomega Q4 net income falls
Latest Forecast* No. of Yr ago
analysts qtr EPS (diluted, $/shr) 0.04 -- -- 0.07 Net ($ million) 1.9 -- -- 3.8 Sales ($ million) 70.0 70.5 1 89.6
*Source: Reuters Estimates
--The company said the latest fourth-quarter net income included $0.8 million of pre-tax restructuring charges and an after-tax net gain of $1.2 million from the sale of the company's equity ownership in ByteTaxi Inc.
--The company said the year-ago quarter included $1.5 million in pre-tax restructuring charges and a pre-tax net benefit of $11.2 million.
--For the latest fourth quarter, one analyst had expected the company to earn 1 cent a share, excluding any exceptional item, according to Reuters Estimates. (Reporting by Rakesh Sharma in Bangalore)
Latest Forecast* No. of Yr ago
analysts qtr EPS (diluted, $/shr) 0.04 -- -- 0.07 Net ($ million) 1.9 -- -- 3.8 Sales ($ million) 70.0 70.5 1 89.6
*Source: Reuters Estimates
--The company said the latest fourth-quarter net income included $0.8 million of pre-tax restructuring charges and an after-tax net gain of $1.2 million from the sale of the company's equity ownership in ByteTaxi Inc.
--The company said the year-ago quarter included $1.5 million in pre-tax restructuring charges and a pre-tax net benefit of $11.2 million.
--For the latest fourth quarter, one analyst had expected the company to earn 1 cent a share, excluding any exceptional item, according to Reuters Estimates. (Reporting by Rakesh Sharma in Bangalore)
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