Photonics Corp (BB:PHOX) Q3 shr profit vs loss
Reuters, Friday, November 15, 1996 at 13:03
MILPITAS, Calif., Nov. 14 (Reuter) -
PHOTONICS CORPORATION
Consolidated Statements of Operations
(amounts in thousands, except per share data)
(unaudited)
Three months ended Nine months ended
Sept. 30, Sept. 30,
1996 1995 1996 1995
Revenues:
Product sales $ 1,135 $ 2,602 $ 5,355 $11,318
Costs and expenses:
Cost of Revenue 858 3,581 4,047 10,489
Research and development 184 215 528 634
Selling,
general & administrative 650 841 2,202 2,233
Loss on disposal of assets
and divestiture of
business unit 242
Income (loss) from operations (557) (2,035) (1,422) (2,280)
Interest income, (expense)
and Other, income, net 2,885 1 2,864 89
Profit (loss) before taxes 2,328 (2,034) 1,442 (2,191)
Provision for taxes 1
Net income (loss) $2,328 $(2,034) $ 1,441 $(2,192)
Net income (loss) per share $ 0.54 $(0.76) $ 0.36 $ (0.85)
Shares used in per share
calculation 4,332 2,681 4,044 2,581
Companies or Securities discussed in this article:
Symbol
Name
BB:PHOX
Photonics Corp ( |
