Changes from previous guidance:
Previous guidance, given on 3/6, was:
"For fiscal year 2006, China Digital projects total revenues of $26.5 million and net income of $7.6 million, or $0.10 per fully diluted share" and this included "the acquisition of Zhuo Tong, which is expected to close in the second quarter of 2006", but did not include information about Galaxy View which, in a company statement dated 3/23, had "In 2005, Galaxy View had unaudited revenues of $6 million and unaudited net income of $2 million
Current guidance:
"total revenues of $30.4 million and net income of $10.5 million, or $0.13 per fully diluted share assuming the acquisitions of Zhou Tong and Galaxy View International are successful."
So, from these numbers, IMHO, CHID is now projecting 2006 revenues lower than previous guidance, by about $2.1 million, and net income higher than previous guidance, by about $0.9 million, with net income per fully diluted share being guided upwards from .10/sh to .13/sh.
Hmmm, it "sounds" good, but then, wtfdik.
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
