SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compression Labs, Inc (CLIX) - an Acquisition Target
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (365)5/7/1997 7:39:00 PM
From: E_K_S   of 375
 
To All - CLIX reports another loss of <$0.27> per share May 7, 1997

--Compression Labs, Incorporated (CLI) (NASDAQ:CLIX) today
reported revenues of $18.4 million and a net loss of $4.3 million, or $.27 per share, for the first quarter ended March 31, 1997, compared to revenues of $20.0 million and a net loss of $6.2 million, of $.40 per share, in the same quarter last year.

biz.yahoo.com

Positives:
1) China revenies continue to grow and now represent 20% of sales
2) Service revenues continue strong and represent 20% of revenue base.
3) R&D expenditure reamin constant at $3.3 million per quarter. New products to be anounced end of Q3 or begining of Q4. These products should 'leap frog' the industry

Negatives:
1) Europe and South America sales slow.
2) G&A increase a percentage of sales to 45%
3) Gross profit margin falls to 40% but still in the high range,
4) Quarterly sales fall to $18.4 million down from $22.3 million from the prior year.

I talked to investor relations and it looks like the hope for future growth is for the new products in Q3 & Q4 and synergies from the VTEL merger. Merger to be voted on on May 23.

EKS <shaking his head thinking our company could perform better but the future looks promising>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News