Short Take: Fore falls short

Fore Systems today fell slightly short of analysts' second quarter expectations of a profit of 10 cents a share. The company posted a profit of $9.4 million, or 9 cents a share, excluding charges, compared with profits of $7 million, or 7 cents a share, a year ago. Revenues increased 29 percent to $141.8 million, compared with year ago figures. (As previously reported), Fore was expected to come in below expectations.

Dawn Kawamoto Former Staff writer, CNET News

Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.

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Dawn Kawamoto

Jan. 2, 2002 4:43 p.m. PT

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today fell slightly short of analysts' second quarter expectations of a profit of 10 cents a share. The company posted a profit of $9.4 million, or 9 cents a share, excluding charges, compared with profits of $7 million, or 7 cents a share, a year ago. Revenues increased 29 percent to $141.8 million, compared with year ago figures. (As previously reported), Fore was expected to come in below expectations.