CDA Net Income Up 100% Over Prior Year With a 12% Increase in Net Sales.SPOKANE, Wash.--(BUSINESS WIRE)--Dec. 15, 1998--The Coeur d'Alenes Coeur d'Alene, city, United States Coeur d'Alene (kûrdəlān`), city (1990 pop. 24,563), seat of Kootenai co., N Idaho, near the Wash. line; inc. 1907. Company, (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CDAL)(Spokane OTC/CDA Co), announced a net income of 3 cents a share for the fourth quarter of the fiscal year ended in September 1998, compared to 3 cents a share for the fourth quarter of the prior fiscal year. Revenues for fourth quarter of 1997/98 were 9% above the same quarter of the prior year. Gross margins increased by 12%. Sales for the year ended September 26, 1998 are 12% higher than the prior year, resulting in a net income of $251,026, or a $125,716 improvement over the prior year. Fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. sales picked up substantially from the very low point during the first half of the year. These peaks and valleys are typical of the fabrication business. Operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. for the year ending September 26, 1998 were 1% higher than for the prior year. The Coeur d'Alenes Company will begin their 116th year of operation during 1999. CDA (1) (Compact Disc Audio) The compact disc file extension that is seen on the computer in Explorer or some other file manager. CDA files are actually pointers to the locations of the individual tracks on the CD medium. See CD-DA. started business in Murray Murray, river, Australia Murray, principal river of Australia, 1,609 mi (2,589 km) long, rising in the Australian Alps, SE New South Wales, and flowing westward to form the New South Wales–Victoria boundary. , Idaho during 1884 as a supplier of metals and tools to mining prospectors of North Idaho's famed Coeur d'Alene Mining District. -0- The Coeur d'Alenes Company Year Ended September 1998 1997 Revenues $14,368,061 $12,858,765 Net income $251,026 $125,310 Earnings per share (primary) $0.05 $0.02 Earnings per share (diluted) $0.04 $0.02 Three months ended September, 1998 1997 Revenues $3,879,849 $3,565,746 Net income $159,393 $144,870 Earnings per share (primary) $0.03 $0.02 Earnings per share (diluted) $0.03 $0.02 |
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