At 11:43 AM 98/09/24 -0700, Gavin Scott wrote:
>Ted wrote:
>> Thus it was written in the epistle of SIMPKINS, Terry,
>> > It might be possible if you include a COGNOS license ;-))
>> It should be trivial if you include a COGNOS license
>
>Cognos Reports Record Second Quarter Results Earnings Per Share
>Rise 33 Percent on 22 Percent Revenue Growth
>
>OTTAWA, Sept. 23 /PRNewswire/ -- Cognos Incorporated (Nasdaq: COGNF - news;
>Toronto: CSN - news) today announced results for its second fiscal quarter
>ended August 31, 1998. Revenue for the quarter was $70.6 million, a 22
>percent increase over the same period last year (24 percent in local
>currency). Pretax income for the quarter was $17.2 million, compared to
>$14.3 million in the second quarter of last fiscal year. Net income was
>$14.1 million and 32 cents per share, compared to $11.0 million and 24
>cents per share, respectively, for the same period last year.
>
>:-)
>
>G.
>


And yet, the day after Cognos' seemingly strong earnings are announced, its
share price is down more than 12%.

Go figure.


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