CE Software, Inc. Reports Third-Quarter Results
24 August 2006 - 11:00PM
Business Wire
CE Software, Inc. (OTC:CESF) today announced results for its third
quarter ended June 30, 2006. CE Software reports a pro forma net
loss of $27,000, or $1.81 per share, for its third quarter of
fiscal 2006 on pro forma operating revenues of none. For the same
quarter in 2005, the company reported a pro forma net loss of
$39,000, or $2.64 per share, on pro forma operating revenues of
none. "With the contingent sale of software products and other
assets on April 1, 2004," said John S. Kirk, president of CE
Software, Inc., "there was no revenue for the quarter ended June
30, 2006. The sale is contingent in that it is subject to approval
of the shareholders. Since management anticipates that approval
will be obtained, financial results are reported accordingly on a
pro forma basis. Additional information and comments on our current
situation are included in our recent press release of March 16,
2006." For our press release of March 16, 2006, and prior press
releases, which include more detailed financial information, and to
ask questions and read answers, set your Web browser to
http://www3.cesoft.com/home/pressrelease-all.html or write to CE
Software, Inc., Shareholder Relations, P.O. Box 65580, W. Des
Moines, IA 50265. This release contains forward-looking information
that is subject to certain risks, trends and uncertainties and
actual developments may differ materially from those projected.
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