Applied Innovation Reports Preliminary First Quarter 2006 Financial Results
2006年4月11日 - 9:30PM
PRニュース・ワイアー (英語)
First Quarter Sales Increase Over Previous Year DUBLIN, Ohio, April
11 /PRNewswire-FirstCall/ -- Applied Innovation Inc. (NASDAQ:AINN)
today announced that sales for the quarter ended March 31, 2006 are
anticipated to be in the range of $7.8 million to $8.4 million,
compared to $6.9 million for the first quarter of 2005. The Company
anticipates net income of $.06 to $.07 per share, which includes a
gain on the sale of land of approximately $.04 per share, compared
to a net loss of $282,000, or $0.02 per share, for the same period
last year. On March 28, 2006, the Company completed the sale of 8.6
acres of land located adjacent to its corporate headquarters, and
continues to list for sale an additional 16.3 acres of adjoining
land. President and CEO William H. Largent said, "We are pleased
with the results of the first quarter, and the sales growth on a
year-over-year basis. Sales exceeded our internal plan for the
period, in part due to customers purchasing patterns initiated
earlier in 2006 than anticipated." The Company expects to release
final results for the first quarter on or about April 25, 2006. On
May 11, 2006 at 9:00 a.m. the Company will hold its annual meeting
of stockholders at its corporate headquarters in Dublin, Ohio.
About Applied Innovation Applied Innovation provides hardware and
software applications that drive operational efficiency and
improved quality in wireless, wireline and converging networks.
Applied Innovation's industry-leading solutions include
sophisticated remote site management, 3G network data quality
monitoring and logical security of critical networks. Applied
Innovation solutions are currently installed in more than 34,000
sites worldwide. Headquartered in Dublin, Ohio, Applied is traded
on NASDAQ under the symbol AINN. For more information, please visit
the Company's Web site at http://www.appliedinnovation.com/. Safe
Harbor Statement This press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbors created thereby. Those statements
include, but are not limited to, all statements regarding intent,
beliefs, expectations, projections, forecasts and plans of the
Company and its management, and statements regarding the Company's
anticipated sales and net income per share for the quarter ended
March 31, 2006. These forward-looking statements involve numerous
risks and uncertainties, including, without limitation: the demand
for telecommunication equipment generally and in particular for the
equipment and services offered by the Company; the Company's
ability to generate sales orders during 2006 and thereafter; sales
orders during 2006 and thereafter; that the anticipated demand for
the products and services offered by the Company may decrease as a
result of the economic and political climate in which the Company
operates; the acceptance of the Company's present products and
services and its ability to hire technical staff; the Company's
ability to adapt to technological changes; the availability of
capital to support the Company's business plans; and other risks
and uncertainties detailed from time to time in the Company's
Securities and Exchange Commission (SEC) filings, including the
Company's Annual Report on Form 10-K for the year ended December
31, 2005. One or more of these factors have affected, and could in
the future affect, the Company's business and financial results in
future periods and could cause actual results to differ materially
from plans and projections. Therefore, there can be no assurances
that the forward-looking statements included in this press release
will prove to be accurate. In light of the significant
uncertainties in the forward-looking statements included herein,
the inclusion of such information should not be regarded as a
representation by the Company, or any other persons, that the
objectives and plans of the Company will be achieved. All
forward-looking statements made in this press release are based on
information presently available to the management of the Company.
The Company assumes no obligation to update any forward-looking
statements. DATASOURCE: Applied Innovation Inc. CONTACT: Julia A.
Fratianne, Vice President and Chief Financial Officer of Applied
Innovation, +1-614-798-2000 Web site:
http://www.appliedinnovation.com/
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Applied Innovation (NASDAQ:AINN)
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Applied Innovation (NASDAQ:AINN)
過去 株価チャート
から 6 2023 まで 6 2024