Corporate Profile for Komag, Inc., dated Feb. 16, 1996.available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. Financial Markets, Reuter Reu·ter , Baron Paul Julius von 1816-1899. German-born British journalist who founded (1848) Reuter's, one of the first international news agencies. Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe An online information service that provides access to the Internet, e-mail, instant messaging and an integrated contact list. Founded in 1969 as a timesharing service, CompuServe is one of the oldest online services, being the first to offer e-mail in 1979 and online chat a year later. , Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence. , NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published date: Feb. 16, 1996 Company name: Komag, Incorporated
Address: 275 South Hillview Dr.
Milpitas, Calif. 95035
Telephone No.: 408/946-2300 Chief Executive Officer: Stephen C. Johnson Chief Financial Officer: William L. Potts, Jr. Investor Relations Contact: David H. Allen Business number: 408/957-4017 Investor Relations Hotline: 408/957-4716 Web Site http://www.komag.com Trading symbol: KMAG Industry: Thin-film disks for computer hard disk drives
Company description: Founded in 1983, Komag is the world's largest
supplier of thin-film media for hard disk drives, the primary data
storage devices used by computers. The company and its consolidated
subsidiaries, located in the United States and Malaysia, manufacture
the industry's most advanced disk products. Today over 70% of
Komag's disks are used in disk drives capable of storing 2 gigabyte
or more.
Recent Financials
For the fourth quarter of fiscal 1995, net sales totaled $153.5
million, up 16% sequentially compared to third quarter 1995 net sales
of $132.8 million. Net income for the fourth quarter of 1995 at
$38.2 million, or $0.72 per share based on 52.9 million shares, rose
26% sequentially compared to third quarter 1995 net income of
$30.4 million, or $0.61 per share based on an adjusted 50.1 million
shares. For the full year, net sales, net income, and earnings per
share increased 31%, 83%, and 68%, respectively, from 1994 to 1995.
Financial Results of Media Operations(a)
(in millions, except per share data)
1992 1993 1994 1995
Net Sales $279.5 $334.5 $392.4 $512.2
Net Income 34.9 45.9 58.5 106.8
EPS $0.81 $1.04 $1.27 $2.14
(a) See the Company's 1994 Annual Report and Form 10-K for a more complete discussion of the Company's financial results. CONTACT: Komag, Incorporated |
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