Fountain Earnings
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Fountain Earnings
02/12 10:01A (DJ) +DJ Fountain Powerboat Industries 2Q EPS 10c
Story 4596 DJ Fountain Powerboat Earnings -2: 2Q Fincl Table, Comment
Fountain Powerboat Industries Inc. - Washington, N.C.
2nd Quar Dec. 31:
2002 2001
Sales $12,941,227 $6,553,076
Net income 497,708 (1,417,651)
Avg shrs (basic) 4,745,108 4,732,608
Avg shrs (diluted) 4,825,399 ....
Shr earns (basic)
Net income .10 (.30)
Shr earns (diluted)
Net income .03 ....
Figures in parentheses are losses.
Fountain Powerboat Industries Inc. (FPWR) said second-quarter sales were
among the best in the company's history and that expected sales improvement
and cost reductions "should propel the company to a substantially profitable
fiscal year ending 2003."
Fountain Powerboat makes sport boats, fishing boats and express cruisers.
-Karen M. Lee; Dow Jones Newswires; 201-938-5400
(END) Dow Jones Newswires
02-12-03 1036ET
Additional Codes ( N/CAC, N/CNW, N/DJEN, N/DJWI, N/ERN, M/CYC, M/MMR, P/HDL,
R/NC, R/NME, R/US, R/USS)
Story 4596 DJ Fountain Powerboat Earnings -2: 2Q Fincl Table, Comment
Fountain Powerboat Industries Inc. - Washington, N.C.
2nd Quar Dec. 31:
2002 2001
Sales $12,941,227 $6,553,076
Net income 497,708 (1,417,651)
Avg shrs (basic) 4,745,108 4,732,608
Avg shrs (diluted) 4,825,399 ....
Shr earns (basic)
Net income .10 (.30)
Shr earns (diluted)
Net income .03 ....
Figures in parentheses are losses.
Fountain Powerboat Industries Inc. (FPWR) said second-quarter sales were
among the best in the company's history and that expected sales improvement
and cost reductions "should propel the company to a substantially profitable
fiscal year ending 2003."
Fountain Powerboat makes sport boats, fishing boats and express cruisers.
-Karen M. Lee; Dow Jones Newswires; 201-938-5400
(END) Dow Jones Newswires
02-12-03 1036ET
Additional Codes ( N/CAC, N/CNW, N/DJEN, N/DJWI, N/ERN, M/CYC, M/MMR, P/HDL,
R/NC, R/NME, R/US, R/USS)