Wednesday, June 04, 2008 4:07:05 PM
ADCT: ADC Reports Strong Operating Results for Second Fiscal Quarter 2008 And Raises 2008 Annual Guidance
Wednesday June 4, 4:01 pm ET
-- Net Sales of $403 Million Up 16% from 2Q07 and 19% from 1Q08
-- Gross Margin improved to 36.3% in 2Q08 from 34.5% in 2Q07, Excluding 2Q08 Purchase Accounting Adjustment
-- $0.14 GAAP EPS In 2Q08, Which Includes Certain Expenses Totaling $0.25 EPS
-- 2008 Annual Sales Guidance Raised to $1.520-$1.540 Billion, Up 15%-16% from 2007
-- Exceeds Performance Expectations Six Consecutive Quarters
http://biz.yahoo.com/bw/080604/20080604006145.html?.v=1
Wednesday June 4, 4:01 pm ET
-- Net Sales of $403 Million Up 16% from 2Q07 and 19% from 1Q08
-- Gross Margin improved to 36.3% in 2Q08 from 34.5% in 2Q07, Excluding 2Q08 Purchase Accounting Adjustment
-- $0.14 GAAP EPS In 2Q08, Which Includes Certain Expenses Totaling $0.25 EPS
-- 2008 Annual Sales Guidance Raised to $1.520-$1.540 Billion, Up 15%-16% from 2007
-- Exceeds Performance Expectations Six Consecutive Quarters
http://biz.yahoo.com/bw/080604/20080604006145.html?.v=1
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.
