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Article Date: February 2005
Word Count: 153

COLLEGIATE PACIFIC: Due to the financial


COLLEGIATEPACIFIC: Due to the financial impact of its recently issued$50 million in convertible notes, BOO updated FY05 and FY06 revenue, operatingprofit and EPS guidance. The note proceeds, until fully invested, are projectedto have a quarterly negative impact of $.04 a share on earnings. However, onceCollegiate Pacific completes its investments, currently at $43 million, EPS isforecast at $.90-1.00 ($12.4-$13.8 mm) a share and revenues north of $215million. The revised FY05 outlook puts the operating profit range at $8.4-8.8million ... Log in to view full article.

 


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