Creative Computer Applications Inc. reports sales and earnings for the fiscal year and fourth quarter ended Aug. 31, 1996.CALABASAS, Calif.--(BUSINESS WIRE)--Nov. 12, 1996--Creative Computer Applications Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CAP), a provider of Clinical Information Systems for hospital, and clinic-based laboratories, pharmacies This article is a list of major pharmacies (also known as chemists and drugstores) by country. Australia Pharmacies in Australia are mostly independently-owned by pharmacists, often operated as franchises of retail brands offered by the three major and radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease. departments, Tuesday Tuesday: see week. announced its sales and earnings for the fiscal year and fourth quarter ended Aug. 31, 1996. Sales for the fiscal year ended Aug. 31, 1996 were $6,236,962, compared with sales of $5,926,519, for the fiscal year ended Aug. 31, 1995. The company earned net income of $967,797 or 32 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. including a non-cash deferred tax benefit for the 1996 fiscal year compared with net income of $6,970 or 0 cents per share for the 1995 fiscal year. Sales for the fourth quarter of fiscal 1996 were $1,589,613, compared with sales of $1,624,894 in the same quarter a year ago. The company earned net income of $684,870 or 22 cents per share including a non-cash deferred income tax benefit, compared with net income of $152,960 or 6 cents per share in the same quarter one year ago. The non-cash deferred tax benefit of approximately $502,000 is the result of the company reducing its deferred tax valuation allowance. The company's operating earnings Operating Earnings Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Notes: Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before increased because of its success in placing new integrated clinical applications for laboratory, pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. and radiology systems. Furthermore, the company experienced increases in gross margins as a result of consummating more software license sales and the concurrent de-emphasis of hardware sales. -0-
Creative Computer Applications Inc.
Operating Results (Audited)
Fiscal year Ending Aug. 31, 1996 1995
Net Sales and Service Revenues $ 6,236,962 $ 5,926,519
Net Income before Income Tax (Benefit) 465,387 8,970
Income Tax (Benefit) (502,410) 2,000
Net Income $ 967,797 $ 6,970
Earnings Per Share 0.32 0.00
Quarter Ending Aug. 31,
Net Sales and Service Revenues $ 1,589,613 $ 1,624,894
Net Income before Income Tax (Benefit) 182,460 15,960
Income Tax (Benefit) (502,410) 2,000
Net Income $ 684,870 $ 152,960
Earnings Per Share 0.22 0.06
Average Shares Outstanding 3,006,926 2,863,346
CONTACT: Creative Computer Applications Inc., Calabasas Steven Ste´ven n. 1. Voice; speech; language. Ye have as merry a steven As any angel hath that is in heaven. - Chaucer. 2. An outcry; a loud call; a clamor. To set steven to make an appointment. M. Besbeck, 818/880-6700, ext. 252 |
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