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Technology Stocks : C-Cube
CUBE 36.31-0.9%Dec 8 3:59 PM EST

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To: Raymund W who wrote (41126)5/14/1999 8:40:00 PM
From: VidiVici   of 50808
 
This just in, for the bean-counters who walk amongst us...

biz.yahoo.com

==================================================================

Financials - C Cube Microsystems Inc (Nasdaq:CUBE)

As of 14-May-99

C-CUBE MICROSYSTEMS INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share amounts)
(Unaudited)


Quarter Ended March 31,
-----------------------
1999 1998
-------- --------

Net revenues $ 96,459 $ 87,317
-------- --------
Costs and expenses:
Cost of revenues 43,885 41,014
Research and development 19,904 17,671
Selling, general and administrative 16,360 14,586
-------- --------
Total 80,149 73,271
-------- --------
Income from operations 16,310 14,046
Other income, net 2,117 273
-------- --------
Income before income taxes, minority
interest and extraordinary item 18,427 14,319
Income tax expense 5,528 4,296
-------- --------
Income before minority interest
and extraordinary item 12,899 10,023
Minority interest in net loss of
subsidiary (28) (141)
-------- --------
Income before extraordinary item 12,927 10,164
Extraordinary gain on repurchase
of convertible notes(net of tax) 33 --
-------- --------
Net income $ 12,960 $ 10,164
======== ========
Earnings per share:
Basic $ 0.34 $ 0.27
======== ========
Diluted $ 0.32 $ 0.27
======== ========
Shares:
Basic 38,668 36,983
======== ========
Diluted 41,344 41,137
======== ========
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