(MWK) METROWERKS INC. -- THIRD QUARTER SALES TOTAL $1,796,000, A NEW RECORD.ST. LAURENT, QUEBEC--(BUSINESS WIRE)--May 31, 1995-- Metrowerks' (ME, VSE See DOS/VSE. VSE - Virtual Storage Extended - MWK MWK In currencies, this is the abbreviation for the Malawi Kwacha. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) Board of Directors approved today the following results for the third quarter ended April 30, 1995: -0-
Three months ended Nine months ended
April 30 April 30 April 30 April 30
1995 1994 1995 1994
Revenue $1,796,000 $1,042,000 $4,566,000 $1,460,000 Net earnings (Loss) $126,000 $33,000 $191,000 ($695,000) Revenue for the third quarter ended April 30, 1995 totaled $1,796,000 compared to $1,042,000 for the same period last year. Sales increased 73% in Q3 (FY95) vs. Q3 (FY94) due to the strong popularity of Metrowerks CodeWarrior, the company's flagship programming language software product. Revenue for the nine month period ended April 30, 1995 totaled $4,566,000 compared with $1,460,000 for the same period last year. Net earnings amounted to $126,000 ($0.02 per share on a fully diluted basis) compared with net earnings of $33,000 ($0.01 per share on a fully diluted basis) for the third quarter of the previous year. This is the fifth consecutive profitable quarter for the company. Net earnings for the nine month period ended April 30, 1995 amounted to $191,000 ($0.02 per share on a fully diluted basis) compared with a net loss of $695,000 ($0.08 per share on a fully diluted basis) for the same period last year. "Metrowerks has the lion's share of the programming language software market for the Power Macintosh See Power Mac. (computer) Power Macintosh - Apple Computer's personal computer based on the PowerPC, introduced on 1994-03-14. Existing 680x0 code (both applications and device drivers) run on Power Macintosh systems without modification via a Motorola 68LC040 emulator. . We now have over 18,000 registered users in 55 countries" said Greg Galanos, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Metrowerks. He stated that the objective of entrenching the Power Macintosh/CodeWarrior solution as the host development environment of choice for cross-platform development for Intel and other processor architectures was well underway with the launch, on May 8, 1995, at the Apple WorldWide Developers Conference, of Win32 and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. application code generators running in native mode on Power Mac as well as Magic Cap development tools. The Company announced that it has granted 22,500 incentive stock options to employees at a price of $6.25 per share, exercisable on or before June 1, 2000, subject to regulatory approvals. Founded in 1985, Metrowerks develops and sells PowerPC-hosted computer language products for building Mac OS, Windows, and Magic Cap applications. Metrowerks shares are publicly traded on the Montreal Stock Exchange Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) since February 22, 1995 and on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). since March 11, 1994, under the symbol MWK. -0- Metrowerks, the Metrowerks logo and Software at Work are registered trademarks of Metrowerks Inc. CodeWarrior is a trademark of Metrowerks Inc. All other trademarks are the property of their respective owners. CONTACT: David Perkins, V-P, Finance & CFO See Chief Financial Officer. 514/747-5999 (ext. 234) |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion