Printer Friendly

KNOWLEDGEWARE ANNOUNCES PRELIMINARY RESULTS FOR THE SECOND QUARTER OF FISCAL 1992

 KNOWLEDGEWARE ANNOUNCES PRELIMINARY RESULTS
 FOR THE SECOND QUARTER OF FISCAL 1992
 ATLANTA, Jan. 14 /PRNewswire/ -- KnowledgeWare, Inc. (NASDAQ-NMS: KNOW) today announced preliminary results for the quarter ended Dec. 31, 1991.
 Based on preliminary figures, the company estimates its fiscal 1992 second quarter revenues will be in the range of $31 million to $33 million, and net income will be in the range of $.08 to $.11 per share. Previously, the company had reported revenues of $29,658,000 and net income of $.25 per share for the second quarter of fiscal 1991, and revenues of $21,598,000 and a net loss of $.42 per share for the first quarter of fiscal 1992.
 KnowledgeWare Chairman Chief Executive Officer Francis A. Tarkenton stated that: "We are pleased with the results of our expense reduction programs initiated during the quarter and believe the company is positioned to take advantage of any improvement in the economy." President and Chief Operating Officer Donald P. Addington added: "At our International User Conference this spring, we plan to make several announcements regarding new products and improvements to existing products. Our International User Conference will be held in Atlanta on March 2-4, with attendance expected to be in excess of 1,000."
 In response to marketplace rumors and a press report, the company stated that it has not received any acquisition proposal and specifically has had no acquisition discussions with either Computer Associates International or Dun & Bradstreet. The company has had and will continue to have preliminary conversations as to various possible transactions which could include joint ventures, investments or business combinations with other entities. The company has determined, as a matter of policy, not to comment further on such possibilities.
 KnowledgeWare expects to announce final results for the quarter ended Dec. 31, 1991, on Jan. 21, 1992.
 KnowledgeWare develops, markets and supports computer-aided software engineering (CASE) tools for use by information systems development professionals. KnowledgeWare markets its products from its Atlanta headquarters, from field sales and support offices throughout the United States and through international distributors in 32 countries.
 -0- 1/14/92
 /CONTACT: Dick Haddrill of KnowledgeWare, 404-231-8575/
 (KNOW) CO: KnowledgeWare, Inc. ST: Georgia IN: CPR SU: ERN


BR-BN -- AT030 -- 9759 01/14/92 17:30 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 14, 1992
Words:372
Previous Article:CABOT OIL & GAS CHAIRMAN TO ASSUME PRESIDENT'S DUTIES
Next Article:AMERICAN STOCK EXCHANGE DAILY REPORT
Topics:


Related Articles
KNOWLEDGEWARE ANNOUNCES SECOND QUARTER RESULTS
KNOWLEDGEWARE ANNOUNCES THIRD QUARTER RESULTS
KNOWLEDGEWARE REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 1992
KNOWLEDGEWARE ANNOUNCES FY 1993 FIRST QUARTER PROFIT
/REPEATING TO CORRECT GARBLE/
KNOWLEDGEWARE ANNOUNCES FY 1993 SECOND QUARTER PROFIT
KNOWLEDGEWARE TO TAKE NON-RECURRING CHARGES IN ITS THIRD FISCAL QUARTER
KNOWLEDGEWARE ANNOUNCES FY 1993 THIRD-QUARTER OPERATING RESULTS EXPECTED NON-RECURRING CHARGES IDENTIFIED AS A KEY FACTOR IN PERFORMANCE
KNOWLEDGEWARE RELEASES PRELIMINARY FY 1993 OPERATING RESULTS; COMPANY PREDICTS RECORD REVENUES FOR ITS FISCAL YEAR
KNOWLEDGEWARE RELEASES FY 1993 OPERATING RESULTS Company Reports Record Revenues For Its Fourth Quarter, Fiscal Year

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters