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Message: RE: Short term expectations...JHawk

RE: Short term expectations...JHawk

posted on Jan 28, 2005 06:46AM
You say ``EDIG only had eight more days left in the Q when they announced....(SAN DIEGO, CA, December 22, 2004)....``.

But this number was also stated in an earlier PR (See last para):

``Company Receives $1.2 Million IFE Order

SAN DIEGO--(BUSINESS WIRE)--Nov. 15, 2004--e.Digital Corporation (OTC:EDIG - News), a leading innovator and provider of proprietary digital technology platforms, today reported record revenue for the second quarter of fiscal 2005, ended September 30, 2004. Revenue for the quarter was $2.028 million, an 85% increase over the $1.097 million recorded in the second quarter of fiscal 2004.

The company reported a gross profit of $0.367 million in the second quarter compared to $0.135 million for the same quarter in fiscal 2004. The company also reported a smaller operating loss of $0.367 million for the quarter compared to $0.725 million for the same period in fiscal 2004. For the quarter, net loss attributable to common stockholders after deducting non-cash dividends on preferred stock was less than $(0.01) per share.

Revenue for the first six months ended September 30, 2004 was $2.121 million compared to $2.251 million for the same six months last year. Gross profit for the first six months of fiscal 2005 improved to $0.435 million compared to $0.206 million for the same period in fiscal 2004. For both six month periods, net loss attributable to common stockholders after deducting non-cash dividends on preferred stock was $(0.01) per share.

The company also announced it has received an IFE order totaling more than $1.2 million from APS, a wholly owned subsidiary of Wencor (APS/Wencor). With this order, e.Digital currently has over $2.2 million in total booked orders with further orders expected this quarter.``

At that point, they had 6 weeks left in the qtr.

FWIW,

SGE

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