Calian Technology Ltd. to Hold Conference Call Following Announcement of First Quarter Results; Quarterly Earnings of $0.13 Per Share - Up 225% From Last Year.Business Editors & High-Tech Writers KANATA, Ontario--(BUSINESS WIRE)--Jan. 23, 2003 Calian Technology Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : CTY CTY - /sit'ee/ or /C-T-Y/ [MIT] The terminal physically associated with a computer's system console. The term is a contraction of "Console tty", that is, "Console TeleTYpe". ) will hold a telephone conference call at 4:00 p.m. eastern standard time on Wednesday, January 29, 2003 to discuss the first quarter 2003 results for the period ended December 31, 2002, which will be released during business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a January 29, 2003. Hosting the call will be Larry O'Brien
Lawrence "Larry" Francis O'Brien, Jr. (July 7 1917 – September 28, 1990) was one of the United States Democratic Party's leading electoral strategists when, for more than two , Chief Executive Officer; Ray Basler, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Jacqueline Gauthier, Chief Financial Officer. The following table provides the summary results for the first quarter 2003.
(dollars in millions except per share data) Three months ended
December 31
(Unaudited)
2002 2001
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Revenues $34.8 $30.3
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Gross profit 5.9 5.0
Operating costs 4.2 4.3
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Earnings before interest, taxes and
amortization of goodwill 1.7 0.7
Interest income, net 0.1 0.1
Income taxes 0.7 0.3
Amortization of goodwill 0.0 0.1
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NET EARNINGS $1.1 0.4
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Net earnings per share basic and diluted $0.13 $0.04
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Backlog $124.0 $116.0
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Cash Balance $12.3 $8.7
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Interested participants from the financial & media community should call 1-888-334-9269 at approximately 3:55 p.m. Following the presentation, interested parties will be invited to participate in a question and answer session. The conference call will be available for a period of 48 hours for playback Playback could mean:
About Calian: Calian Technology Ltd. (TSX:CTY) provides systems engineering and staffing and outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services to industry and government in Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and around the world. Calian provides customers with ready access to an exceptional team of over 2,300 engineers, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and technology professionals, and other highly qualified staff. The Staffing and Outsourcing Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite communications satellite artificial satellite that functions as part of a global radio-communications network. Echo 1, the first communications satellite, launched in 1960, was an instrumented inflatable sphere that passively reflected radio signals back to manufacturers and operators. For further information, please visit our website at www.calian.com |
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