CareerEngine Network, Inc. Year 2002 Results.Business Editors NEW YORK--(BUSINESS WIRE)--April 16, 2003 CareerEngine Network, Inc. (AMEX/PCX: CNE (Certified NetWare Engineer) See Novell certification. ), today announced its earnings (losses) for the year ended December December: see month. 31, 2002. The following table summarizes the Company's results for the years ended December 31, 2002 and 2001.
Year Ended December 31,
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2002 2001
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Total revenues $240,048 $1,242,980
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Loss from continuing operations before
taxes $(2,110,196) $(2,688,337)
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Loss from continuing operations $(2,115,446) $(2,697,857)
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Income (loss) from discontinued operations $3,712,884 $(87,750)
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Net income (loss) $1,597,438 $(2,785,607)
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Per common share - basic and diluted:
Loss from continuing operations $(.37) $(.49)
Income (loss) from discontinued operations .66 (.02)
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Net Income (loss) per common share $.29 $(.51)
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Weighted average number of common shares
outstanding - basic and diluted 5,585,944 5,514,775
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Certain statements in this press release constitute "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. " relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc CareerEngine Network, Inc. and its subsidiaries (the "Company") within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements regarding future events, our financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology The terminology used in the computer and telecommunications field adds tremendous confusion not only for the lay person, but for the technicians themselves. What many do not realize is that terms are made up by anybody and everybody in a nonchalant, casual manner without any regard or , such as "may," "will," "would," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. |
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