Metricom Inc <MCOM.O> Q2 results lost $0.86
TABLE - Metricom Inc <MCOM.O> Q2 results
LOS GATOS, Calif., July 15 (Reuters) -
Metricom, Inc.
Condensed Consolidated Statement of Operations
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended Six Months Ended
Jun 30, Jun 30, Jun 30, Jun 30,
1999 1998 1999 1998
REVENUES:
Service revenues $ 2,195 $ 2,277 $ 4,626 $ 4,251
Product revenues 2,468 2,084 4,223 3,713
Total revenues 4,663 4,361 8,849 7,964
COSTS AND EXPENSES:
Cost of service
revenues 4,459 6,419 8,892 12,177
Cost of product
revenues 2,011 1,416 3,337 2,791
Research and
development 8,806 4,860 17,041 8,318
Selling, general and
administrative 4,529 4,605 8,669 8,866
(REUTERS) TABLE - Metricom Inc <MCOM.O> Q2 results
TABLE - Metricom Inc <MCOM.O> Q2 results
LOS GATOS, Calif., July 15 (Reuters) -
Metricom, Inc.
Condensed Consolidated Statement of Operations
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended Six Months Ended
Jun 30, Jun 30, Jun 30, Jun 30,
1999 1998 1999 1998
REVENUES:
Service revenues $ 2,195 $ 2,277 $ 4,626 $ 4,251
Product revenues 2,468 2,084 4,223 3,713
Total revenues 4,663 4,361 8,849 7,964
COSTS AND EXPENSES:
Cost of service
revenues 4,459 6,419 8,892 12,177
Cost of product
revenues 2,011 1,416 3,337 2,791
Research and
development 8,806 4,860 17,041 8,318
Selling, general and
administrative 4,529 4,605 8,669 8,866
Total costs and
expenses 19,805 17,300 37,939 32,152
Loss from
operations (15,142) (12,939) (29,090) (24,188)
INTEREST EXPENSE 1,601 953 2,814 1,965
INTEREST INCOME 186 671 329 1,224
Net loss (16,557) (13,221) (31,575) (24,929)
Net loss per share (0.86) (0.71) (1.65) (1.41)
Weighted average
shares outstanding 19,296 18,512 19,084 17,728
((Los Angeles newsdesk, (213) 380-2014))
REUTERS
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