************EARNINGS******************EARNINGS**********************
HERE IT IS. WHAT DO YOU THINK?
SUNNYVALE, Calif., July 16 (Reuter) -
(In thousands, except per share data; unaudited)
Three months ended Six months ended
June 30, June 30,
1997 1996 1997 1996
Revenues:
Product $23,922 $23,312 $42,116 $42,801
Royalty 3,425 1,250 6,675 2,500
Total revenues 27,347 24,562 48,791 45,301
Cost of sales 16,375 15,057 29,340 27,779
Gross profits 10,972 9,505 19,451 17,522
Operating expenses:
Research and development
3,083 2,400 6,084 4,545
Sales and marketing 2,971 2,296 5,532 4,306
General and
administrative 1,527 1,937 2,904 3,301
Total operating expenses 7,581 6,633 14,520 12,152
Operating income 3,391 2,872 4,931 5,370
Interest and other
income, net 954 770 1,909 1,521
Income before taxes 4,345 3,642 6,840 6,891
Provision for income
taxes 655 237 1,025 432
Net income 3,690 3,405 5,815 6,459
Net income per share 0.15 0.14 0.24 0.27
Shares used in
computing net income
per share 24,414 24,141 24,260 24,172
Copyright 1997, Reuters News Service |
