Cellular Technical announces profitable first quarter.SEATTLE--(BUSINESS WIRE)--May 3, 1995--Cellular Technical Services Co., Inc. (Nasdaq NM Symbol:CTSC CTSC Cathepsin CTSC Clinical and Translational Science Center (University of California at Davis) CTSC Chenega Technology Services Corporation CTSC Canadian Technical Security Conference (Burlington, ON, Canada) )("CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS. (2) (Common Type System) The data typing used in . ") today announced financial results for the first quarter ended March 31, 1995. Revenue for the quarter increased 163 percent to $3.47 million compared with $1.32 million for the first quarter of 1994. Net income for the quarter increased to $243,000, or $0.02 per share, compared with a loss of $(573,000), or $(0.06) per share in the prior year period. Bob Dahut The term Dahut or dahut can refer to:
Dahut pointed to CTS's recent signing a letter-of-intent to install the company's Blackbird blackbird, common name in North America of a perching bird allied to the bobolink, the meadow lark, the oriole, and the grackle and belonging to the family Icteridae. The European blackbird, Turdus merula, is a thrush. (TM) data collection platform and PreTect(TM) fraud prevention software application product on 200 cell sites in the Taiwan Taiwan (tī`wän`), Portuguese Formosa, officially Republic of China, island nation (2005 est. pop. 22,894,000), 13,885 sq mi (35,961 sq km), in the Pacific Ocean, separated from the mainland of S China by the 100-mi-wide (161-km) Taiwan market. The letter-of-intent includes agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy pricing and terms for full deployment of the Blackbird system with an estimated total value to CTS in excess of $10 million. "We believe Blackbird sales will be an important part of our revenue growth during 1995. However, most of the revenue contribution from Blackbird will be realized in 1996 and beyond," he said. Cellular Technical Services develops, markets and supports real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. information management systems for the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. industry. The company's innovative technologies and open systems philosophy help cellular carriers obtain real-time information and maximize value, control and flexibility of their systems. -0-
Cellular Technical Services Company, Inc.
First Quarter 1995 Selected Financial Data
(Unaudited)
1995 1994
Three Months Ended March 31: Revenues $3,468,564 $1,321,997 Net Income (Loss) $243,127 $(572,951) Net Income (Loss) Per Common Share $0.02 $(0.06) Weighted Average Shares Outstanding 11,079,343 9,084,065 -0- CONTACT: Cellular Technical Services Company, Inc. Joseph D. Pititto 516/887-0494 or Lippert/Heilshorn & Associates Laura Wilker (ext. 106) Bharti Malkani (ext. 119) 212/838-3777 |
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