[MD1] Metrowerks Has Record Quarter
TweetFollow Us on Twitter

[MD1] Metrowerks Has Record Quarter

METROWERKS FOURTH QUARTER REVENUES UP
TO RECORD US$6.2 MILLION

Company Records Profit of US$155,000 for Quarter

AUSTIN, Texas-August 28, 1997- Metrowerks Inc. (NASDAQ: MTWKF, TSE/ME:MWK),
one of the world's leading providers of software development tools, today
announced its results of operations for the fourth quarter of fiscal year
ending
July 31, 1997 (Q4FYJuly97).

Revenues for Q4FYJuly97 totaled US$6.2 million, an increase of 78% over
revenues of US$3.5 million for the corresponding Q4FYJuly96, and an
increase of 72% over revenues of US$3.6 million for the previous quarter,
Q3FYJuly97.

The Company reported a net profit of US$155,000 (US$0.01 per share on a
fully diluted basis), compared to a net loss of US$178,000 (US$0.02 per
share) for the corresponding Q4FYJuly96, and compared to a net loss of
US$5.9 million for the previous quarter, Q3FYJuly97.

"We are very happy with the results for the fourth quarter," said Jean
Belanger, Metrowerks CEO and Chairman of the Board. "We have made
significant investments in new products and infrastructure throughout
Fiscal 1997, and we are starting to realize the benefits of these
investments both in revenue growth and in profitability."

Revenues for Q4FYJuly97 break down as follows: 35% were related to embedded
market revenues and 65% were related to desktop market revenues, which
includes all Mac OS- and Windows-related sales. Revenues for Q4FYJuly97 can
also be broken down as to 80% for embedded and desktop market product
sales, and 20% product agreement revenues for both embedded and desktop
markets.

Cost of goods sold for Q4FYJuly97 were 17% of net revenues compared to an
average cost of goods sold of 29% for the first three quarters of Fiscal
1997. The reduction in cost of goods sold is the result of increased
efficiencies in fulfillment and production operations.

In Q4FYJuly97, R&D expenses totaled US$2.3 million as compared to US$1.8
million in Q3FYJuly97. This represents an increase of 24% as compared to
the increase in R&D expenses from Q2FYJuly97 to Q3FYJuly97 of 38%.

SG&A and technical support expenses totaled US$2.4 million in Q4FYJuly97 as
compared to US$2.2 million for Q3FYJuly97, an increase of 11%.
Comparatively, the increase in SG&A and technical support expenses from
Q2FYJuly97 to Q3FYJuly97 was 22%.

The company had approximately US$5.0 million of cash and cash equivalents
on hand at July 31, 1997.

This release, other than historical financial information, may consist of
forward-looking statements that involve risks and uncertainties. These
statements may differ materially from actual future events or results. For
instance, factors which could cause results to differ from future events
include the state of the Mac OS tools market, the timing of product
deliveries, competitive pricing actions and marketing programs, among
others. Additional information on these and other factors which could
affect the Company's financial results are included in the Company's 1996
annual report to shareholders and most recent quarterly reports on file
with the Securities and Exchange Commission.

Earnings Table
All figures are reported in '000s US dollars (except per share amount):

Metrowerks Inc. Consolidated Statements of Operations

Yr End Yr End Qtr End Qtr End Qtr End Qtr End Qtr End

7/31/97 7/31/96 7/31/97 4/30/97 1/31/97 10/31/96 7/31/96

Revenues, net 18,293 10,619 6,228 3,615 4,684 3,766 3,504

Cost of goods
sold 4,563 2,663 1,062 958 1,449 1,094 1,069
SG&A and
tech support 8,121 4,620 2,437 2,203 1,813 1,636 1,386
R & D 6,486 3,251 2,272 1,828 1,327 1,091 1,217
Depreciation 1,154 355 360 324 261 209 160
Non-recurring
charge 4,297 - - 4,297 - - -
Interest income (353) (375) (58) (75) (91) (129) (150)
--------------------------------------------------------
24,268 10,514 6,073 9,535 4,759 3,901 3,682

Net earnings/
(loss) (5,975) 105 155 (5,920) (75) (135) (178)

Earnings (loss)
per share (0.52) 0.01 0.01 (0.51) (0.01) (0.01) (0.02)

Weighted avg
# of shares
outstanding 11,523 10,620 11,646 11,529 11,520 11,505 11,282

About CodeWarrior
CodeWarrior is an intuitive suite of software development tools that
includes an award-winning Integrated Development Environment (IDE) complete
with project manager, resource and text editors, debugger, class browser,
online documentation and tutorials. CodeWarrior's cross-platform compilers
support C, C++, Java and Pascal, and allow programmers to build
applications for a number of different target platforms, all from one
development environment.

About Metrowerks
Founded in 1985, Metrowerks develops, markets and supports a complete line
of programming tools used for software development for a number of
operating systems and microprocessors. Intended for use on desktop
computers or embedded systems, these operating systems include Mac OS,
Windows 95, Windows NT, PlayStation OS, BeOS and Palm OS, running on
68K, PowerPC, MIPS and x86 microprocessors. Metrowerks' CodeWarrior
products are used by over 90,000 registered users in 70 countries.

Press Contacts:
Gordy Davies Jim Welch
Media Relations Chief Financial Officer
Metrowerks Inc. Metrowerks Inc.
(512) 873-4797 (512) 873-4777
gdavies@metrowerks.com welch@metrowerks.com

 
AAPL
$116.47
Apple Inc.
+0.16
MSFT
$47.98
Microsoft Corpora
-0.72
GOOG
$537.50
Google Inc.
+2.67

MacTech Search:
Community Search:

Software Updates via MacUpdate

Cobook 3.0.7 - Intelligent address book....
Cobook Contacts is an intuitive, engaging address book. Solve the problem of contact management with Cobook Contacts and its simple interface and powerful syncing and integration possibilities.... Read more
StatsBar 1.9 - Monitor system processes...
StatsBar gives you a comprehensive and detailed analysis of the following areas of your Mac: CPU usage Memory usage Disk usage Network and bandwidth usage Battery power and health (MacBooks only)... Read more
Cyberduck 4.6 - FTP and SFTP browser. (F...
Cyberduck is a robust FTP/FTP-TLS/SFTP browser for the Mac whose lack of visual clutter and cleverly intuitive features make it easy to use. Support for external editors and system technologies such... Read more
Maya 2015 - Professional 3D modeling and...
Maya is an award-winning software and powerful, integrated 3D modeling, animation, visual effects, and rendering solution. Because Maya is based on an open architecture, all your work can be scripted... Read more
Evernote 6.0.1 - Create searchable notes...
Evernote allows you to easily capture information in any environment using whatever device or platform you find most convenient, and makes this information accessible and searchable at anytime, from... Read more
calibre 2.11 - Complete e-library manage...
Calibre is a complete e-book library manager. Organize your collection, convert your books to multiple formats, and sync with all of your devices. Let Calibre be your multi-tasking digital... Read more
Herald 5.0.1 - Notification plugin for M...
Note: Versions 2.1.3 (for OS X 10.7), 3.0.6 (for OS X 10.8), and 4.0.8 (for OS X 10.9) are no longer supported by the developer. Herald is a notification plugin for Mail.app, Apple's Mac OS X email... Read more
Firetask 3.7 - Innovative task managemen...
Firetask uniquely combines the advantages of classical priority-and-due-date-based task management with GTD. Stay focused and on top of your commitments - Firetask's "Today" view shows all relevant... Read more
TechTool Pro 7.0.6 - Hard drive and syst...
TechTool Pro is now 7, and this is the most advanced version of the acclaimed Macintosh troubleshooting utility created in its 20-year history. Micromat has redeveloped TechTool Pro 7 to be fully 64... Read more
PhotoDesk 3.0.1 - Instagram client for p...
PhotoDesk lets you view, like, comment, and download Instagram pictures/videos! (NO Uploads! / Image Posting! Instagram forbids that! AND you *need* an *existing* Instagram account). But you can do... Read more

Latest Forum Discussions

See All

Ubisoft Gives Everyone Two New Ways to E...
Ubisoft Gives Everyone Two New Ways to Earn In-Game Stuff for Far Cry 4 Posted by Jessica Fisher on November 21st, 2014 [ permalink ] | Read more »
Golfinity – Tips, Tricks, Strategies, an...
Dig this: Would you like to know what we thought of being an infinite golfer? Check out our Golfinity review! Golfinity offers unlimited ways to test your skills at golf. Here are a few ways to make sure your score doesn’t get too high and your... | Read more »
Dark Hearts, The Sequel to Haunting Meli...
Dark Hearts, The Sequel to Haunting Melissa, is Available Now Posted by Jessica Fisher on November 21st, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Meowza! Toyze Brings Talking Tom to Life...
Meowza! | Read more »
Square Enix Announces New Tactical RPG f...
Square Enix Announces New Tactical RPG for Mobile, Heavenstrike Rivals. Posted by Jessica Fisher on November 21st, 2014 [ permalink ] With their epic stories and gorgeous graphics, | Read more »
Quest for Revenge (Games)
Quest for Revenge 1.0.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0.0 (iTunes) Description: The great Kingdom of the west has fallen. The gods ignore the prayers of the desperate. A dark warlord has extinguished... | Read more »
Threadz is a New Writing Adventure for Y...
Threadz is a New Writing Adventure for You and Your Friends Posted by Jessica Fisher on November 21st, 2014 [ permalink ] In the tradition of round-robin storytelling, | Read more »
SteelSeries Stratus XL Hardware Review
Made by: SteelSeries Price: $59.99 Hardware/iOS Integration Rating: 4 out of 5 stars Usability Rating: 4.5 out of 5 stars Reuse Value Rating: 4.25 out of 5 stars Build Quality Rating: 4.5 out of 5 stars Overall Rating: 4.31 out of 5 stars | Read more »
ACDSee (Photography)
ACDSee 1.0.0 Device: iOS iPhone Category: Photography Price: $1.99, Version: 1.0.0 (iTunes) Description: Capture, perfect, and share your photos with ACDSee. The ACDSee iPhone app combines an innovative camera, a powerful photo... | Read more »
ProTube for YouTube (Entertainment)
ProTube for YouTube 2.0.2 Device: iOS Universal Category: Entertainment Price: $1.99, Version: 2.0.2 (iTunes) Description: ProTube is the ultimate, fully featured YouTube app. With it's highly polished design, ProTube offers ad-free... | Read more »

Price Scanner via MacPrices.net

15″ 2.2GHz Retina MacBook Pro on sale for $17...
 B&H Photo has the 2014 15″ 2.2GHz Retina MacBook Pro on sale today for $1749. Shipping is free, and B&H charges NY sales tax only. B&H will also include free copies of Parallels Desktop... Read more
27-inch 3.5GHz 5K iMac in stock today and on...
 B&H Photo has the new 27″ 3.5GHz 5K iMac in stock today and on sale for $2299 including free shipping plus NY sales tax only. Their price is $200 off MSRP, and it’s the lowest price available... Read more
21-inch 1.4GHz iMac on sale for $979, save $1...
B&H Photo has the new 21″ 1.4GHz iMac on sale for $979.99 including free shipping plus NY sales tax only. Their price is $120 off MSRP. B&H will also include free copies of Parallels Desktop... Read more
13-inch 1.4GHz/256GB MacBook Air on sale for...
B&H Photo has lowered their price on the 13″ 1.4GHz/256GB MacBook Air to $1059.99 including free shipping plus NY sales tax only. Their price is $140 off MSRP, and it’s the lowest price for this... Read more
Save up to $400 with Apple refurbished 2014 1...
The Apple Store has restocked Apple Certified Refurbished 2014 15″ Retina MacBook Pros for up to $400 off the cost of new models. An Apple one-year warranty is included with each model, and shipping... Read more
New 13-inch 1.4GHz MacBook Air on sale for $8...
 Adorama has the 2014 13″ 1.4GHz/128GB MacBook Air on sale for $899.99 including free shipping plus NY & NJ tax only. Their price is $100 off MSRP. B&H Photo has the 13″ 1.4GHz/128GB MacBook... Read more
Apple Expected to Reverse Nine-Month Tablet S...
Apple and Samsung combined accounted for 62 percent of the nearly 36 million branded tablets shipped in 3Q 2014, according to early vendor shipment share estimates from market intelligence firm ABI... Read more
Stratos: 30 Percent of US Smartphone Owners t...
Stratos, Inc., creator of the Bluetooth Connected Card Platform, has announced results from its 2014 Holiday Mobile Payments Survey. The consumer survey found that nearly one out of three (30 percent... Read more
2014 1.4GHz Mac mini on sale for $449, save $...
 B&H Photo has lowered their price on the new 1.4GHz Mac mini to $449.99 including free shipping plus NY tax only. Their price is $50 off MSRP, and it’s the lowest price available for this new... Read more
Check Apple prices on any device with the iTr...
MacPrices is proud to offer readers a free iOS app (iPhones, iPads, & iPod touch) and Android app (Google Play and Amazon App Store) called iTracx, which allows you to glance at today’s lowest... Read more

Jobs Board

*Apple* Solutions Consultant (ASC) - Apple (...
**Job Summary** The ASC is an Apple employee who serves as an Apple brand ambassador and influencer in a Reseller's store. The ASC's role is to grow Apple Read more
*Apple* Solutions Consultant (ASC)- Retail S...
**Job Summary** The ASC is an Apple employee who serves as an Apple brand ambassador and influencer in a Reseller's store. The ASC's role is to grow Apple Read more
Project Manager, *Apple* Financial Services...
**Job Summary** Apple Financial Services (AFS) offers consumers, businesses and educational institutions ways to finance Apple purchases. We work with national and Read more
*Apple* Store Leader Program - College Gradu...
Job Description: Job Summary As an Apple Store Leader Program agent, you can continue your education as you major in the art of leadership at the Apple Store. You'll Read more
*Apple* Retail - Multiple Positions (US) - A...
Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, you're also the Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.