Here are the numbers. About what was expected.
TABLE - Speedfam IPEC Inc. Q1 loss widens
September 22, 1999 04:30 PM Eastern Time
CHANDLER, Ariz., Sept 22 (Reuters) -
(dollars and shares in thousands, except per share data)
Three Months Ended
Aug 31, Aug 31,
1999 1998
Revenue:
Net sales $ 50,327 $ 64,984
Commissions from affiliate -- 585
Total revenue 50,327 65,569
Cost of sales 35,160 46,399
Gross margin 15,167 19,170
Research and development 12,890 15,511
Selling, general and administrative 12,260 15,278
Operating loss (9,983) (11,619)
Other income, net (88) 2,506
Loss from consolidated companies
before income taxes (10,071) (9,113)
Income tax benefit -- (1,096)
Loss from consolidated companies (10,071) (8,017)
Equity in net loss of affiliates (892) 728
Net loss (10,963) (7,289)
Cumulative dividend on preferred stock -- (21)
Net loss attributable to common stockholders
(10,963) (7,310)
Net loss per share:
Basic and diluted:
Net loss attributable to
common stockholders (0.37) (0.25)
Weighted average number of shares:
Basic and diluted 29,404 28,677
((--Los Angeles bureau + 1 213 380 2014))
REUTERS
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Following are Reuters Alerts related to this article
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ALERT
SPEEDFAM IPEC Q1 SHR LOSS $0.37 VS LOSS $0.25
REUTERS
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