Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Benthos announces first quarter fiscal 1995 sales and earnings.


NORTH FALMOUTH Falmouth, town, England
Falmouth (făl`məth), town (1991 pop. 17,810), Cornwall, SW England, on a small peninsula between Falmouth Bay and Carrick Roads estuary.
, Mass. --(BUSINESS WIRE)-- Jan. 23, 1995 -- Benthos benthos: see marine biology.  Inc. today announced first quarter sales of $1,425,000 for the period ended Jan. 1, 1995, a 26 percent decrease compared with sales of $1,938,000 for the first quarter of last year.

As a result of lower sales and higher than expected new product production costs, the company experienced a net loss of $322,000 or $0.37 net loss per share as compared with a net loss of $145,000 or $0.16 net loss per share for the first quarter of last year. Order backlog Backlog

The total value of sales orders waiting to be fulfilled.

Notes:
This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings.
 at the end of the first quarter of 1995 was $2.1 million.
Benthos Inc.
Comparative condensed income statement
(unaudited)


                                 First Quarter (13 weeks) Ended
                                      1/1/95         1/2/94


Net sales                           $1,425,000    $1,938,000
Net loss                            $ (322,000)   $ (145,000)
Net loss per share                  $    (0.37)   $    (0.16)
Average common and common
 equivalent shares outstanding         866,000       892,000


Benthos Inc. designs, manufactures, sells and services oceanographic, robotic ro·bot·ic
adj.
Relating to, characteristic of, or employing robots.
 and remote environmental sensing systems; and electronic inspection systems for testing the seal integrity of consumer containers. Benthos stock is traded over the counter and is listed on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 under the symbol BTHS BTHS Brooklyn Technical High School
BTHS Barth Syndrome
BTHS Bartram Trail High School (Jacksonville, Florida)
BTHS Brick Township High School (New Jersey) 
.

CONTACT: Benthos

J. Luke Sabella/Peter Zentz, 508/563-1000
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 23, 1995
Words:217
Previous Article:Resource Finance Group Ltd. reaches an accord to acquire assets of Digital Sciences Inc.
Next Article:NetWorth announces HubView 2.2, easy-to-use SNMP-based network management software package.
Topics:



Related Articles
Benthos announces fiscal 1994 sales and earnings.
Recent growth highlights Benthos annual meeting.
Benthos applies for Nasdaq listing.
Treasurer/CFO announces resignation.
Benthos announces fiscal 1996 sales and earnings.
Benthos Receives Major Order From Coors Brewing Company.
Benthos Announces Fiscal 1998 Second Quarter Sales and Earnings.
Benthos Closes Year With Record Sales -- $0.91 Per Share Earnings Before Charge.
Benthos Announces Third Quarter Sales and Earnings.
Benthos Announces Second Quarter and First Half Fiscal 2001 Results.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles