InvestorsHub Logo
Followers 88
Posts 53003
Boards Moderated 0
Alias Born 04/13/2001

Re: None

Thursday, 04/19/2001 9:35:17 PM

Thursday, April 19, 2001 9:35:17 PM

Post# of 67
Scientific-Atlanta third quarter profits double
ATLANTA, April 19 (Reuters) - Scientific-Atlanta Inc.(NYSE:SFA) said on Thursday its profits doubled in its fiscal third quarter, boosted by robust demand for its cable TV set-top boxes and services.

Atlanta-based Scientific-Atlanta, whose growth has been fueled by strong demand for its cable products, especially its Explorer digital interactive set-top boxes, said profit rose to $76.2 million, or 46 cents a share, from $38.1 million, or 23 cents a share in the year-ago period.

Analysts surveyed by Thomson Financial/First Call expected earnings in the range of 39 cents a share and 44 cents a share, with a consensus of 42 cents.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.