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Article: Cascade reports fourth-quarter results; Earnings per share increase 114 percent on revenue increase of 128 percent.
- Article from:
- Business Wire
- Article date:
- February 1, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WESTFORD, Mass.--(BUSINESS WIRE)--Feb. 1, 1996--Cascade Communications Corp. (NASDAQ: CSCC), a worldwide supplier of high-performance, multiservice wide area network (WAN) switches, today reported results for the fourth quarter ended December 31, 1995. Revenue for the quarter increased to $46.2 million from the $20.2 million recorded for the same period in 1994. Net income for the quarter was $9.1 million, or $0.30 per share, compared with net income of $4.3 million, or $0.14 per share, for the same period in 1994.
For the twelve months ended December 31, 1995, revenue increased to $134.8 million, from $50.1 million for the prior year. Net income for the year was ...
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Article: CASCADE BANCORP ANNOUNCES 3RD QUARTER NET ...
PR Newswire;
October 14, 1994 ;
700+ words
... ... which owns Bank of the Cascades. Bank of the Cascades is an Oregon state ... 1977. Bank of the Cascades, based in Bend ... areas in the state. CASCADE BANCORP (unaudited ... 884,000 963,000 Net income $ 563,000 $ 617 ...
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