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Topic: MakeMusic announces record earnings!

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  1. #1
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    MakeMusic announces record earnings!

    The Star Tribune reports that:

    A small Eden Prairie-based maker of music notation software wakes up investors with a great quarter. It's not just a one-hit wonder, analysts say.

    MakeMusic Inc., a sleepy little company that makes music education software, has hit some high notes now that it has released its best quarterly results ever.

    Shares of the thinly traded company have risen 200 percent in the past 10 days to close at $9.15 Friday. ...

    MakeMusic's SmartMusic software is a system for practicing, performing and teaching, while its Finale software is used for composing, arranging, teaching and publishing music.

    On Oct. 26, the company announced record revenue and net income for its third quarter. Sales jumped 49.5 percent to $3.98 million..."

    [Wow! Maybe Garritan & Co. should go public ].

    Congratulations to all of the people at MakeMusic!

    This news is well deserved and we all profit from your success.

    Garritan Libraries is proud to be a partner and wishes you continued success.

    Gary Garritan

  2. #2

    Re: MakeMusic announces record earnings!

    I add my congratulations to everyone there too.

    (Quote) Shares of the thinly traded company have risen 200 percent in the past 10 days (Unquote)

    Sounds sudden, wonder what brought this about. Do you think they'll tell us so we can have some of that ..
    Michael
    Patience is a virtue, sensitivity is a gift

  3. #3
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    Re: MakeMusic announces record earnings!

    Quote Originally Posted by Michael_uk
    I add my congratulations to everyone there too.

    (Quote) Shares of the thinly traded company have risen 200 percent in the past 10 days (Unquote)

    Sounds sudden, wonder what brought this about. Do you think they'll tell us so we can have some of that ..
    Could have been the inclusion of GPO ??

  4. #4

    Re: MakeMusic announces record earnings!

    Quote Originally Posted by Garritan
    Could have been the inclusion of GPO ??
    lol .. that's just what I was thinking
    Michael
    Patience is a virtue, sensitivity is a gift

  5. #5

    Re: MakeMusic announces record earnings!

    I think they just got the SmartMusic order from my school.

    67 in total.

    I think SmartMusic is why they are going to take the music world by storm. It is an AMAZING tool for educators. And the potential for what it can/will do is HUGE!!

  6. #6

    Re: MakeMusic announces record earnings!

    Quote Originally Posted by neoTypic
    I'd buy stock in Mr. G.
    Gary? or Kenny?
    Dasher
    -------
    It's all about the music - really. I keep telling myself that...

  7. #7

    Re: MakeMusic announces record earnings!

    Certianly tell us when Garritan & Co goes public, as I think I'll buy all the stock I can!

    Congrats to MakeMusic, I know their software is pretty much already the standard used at the music departments at many colleges.

    P.S. I bet it was the inclusion of GPO!!
    Sean Patrick Hannifin
    My MP3s | My Melody Generator | my album
    "serious music" ... as if the rest of us are just kidding

  8. #8

    Cool Re: MakeMusic announces record earnings!

    Nearly 4 millions of music software...wow! In a quarter...

    Not so bad the music software business, isn't it Gary?
    Smart choice for Finale makers the GPO inclusion...

    But GPO inclusion has recently improved the playback of almost all good applications...ok, they missed the unique opportunity to buy an exclusive...

  9. #9
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    Re: MakeMusic announces record earnings!

    Quote Originally Posted by SeanHannifin
    Certianly tell us when Garritan & Co goes public, as I think I'll buy all the stock I can!

    Congrats to MakeMusic, I know their software is pretty much already the standard used at the music departments at many colleges.

    P.S. I bet it was the inclusion of GPO!!
    Sean,
    Finale certainly is standard in many colleges and universities. I can attest to this with the many colleges I've visited. When I was going to college I had a pencil, staff paper and a wild imagination. It's good to see all the innovative tools available for students.

    A public offering of Garritan & Company? I'll talk to Martha Stewart and my corporate attorneys.

    And how do you make a small fortune in the stock market?
    Start with a large one....

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