Ameritrade Updates Earnings Guidance and Reports Monthly Metrics.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--March 12, 2004 Ameritrade Holding Corporation (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ) today updated its earnings guidance for the second quarter of fiscal 2004 to $0.16 to $0.19 per share and for fiscal year 2004 to $0.56 to $0.79 per share. An updated Outlook Statement is available at the Company's corporate Web site located at www.amtd.com. Trading and Account Metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. The Company reported an average daily volume of 197,000 trades in February February: see month. . The Company opened 39,000 new accounts and closed 11,000 accounts during February for a total of 3,244,000 core accounts, which includes the accounts acquired from BrokerageAmerica LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Core accounts include funded and unfunded accounts. Margin Loan Balances and Client Assets The Company reported an average client margin loan balance in February of approximately $3.5 billion. On February 27, 2004, client margin loan balances totaled approximately $3.7 billion. Client assets totaled about $73.3 billion of which cash and money market assets totaled $11.7 billion. About Ameritrade Holding Corporation Ameritrade Holding Corporation has a 28-year history of servicing self-directed investors. Ameritrade develops and provides innovative products and services tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. A brokerage industry leader, Ameritrade, Inc,(1) a subsidiary of Ameritrade Holding Corporation, received Forbes "Best of Web" honors. For more information, please visit www.amtd.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This document contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws. In particular, any projections regarding our future revenues, expenses, synergies, earnings, capital expenditures or activity rates are forward-looking statements. These statements reflect only our current expectations and are not guarantees of future performance or results. These statements involve risks, uncertainties and assumptions that could cause actual results or performance to differ materially from those contained in the forward-looking statements. These risks, uncertainties and assumptions include market fluctuations and changes in client trading activity, general economic conditions, increased competition, regulatory and legal matters and uncertainties and other risk factors described in our latest Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and in our latest Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . These forward-looking statements speak only as of the date on which the statements were made. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. (1) Ameritrade, Inc., member NASD/SIPC |
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