Monday October 20 4:57 PM EDT
TABLE - Telxon Corp Q2 shr profit vs loss
AKRON, Ohio, Oct 20 (Reuters) -
Three Months ended September 30,
1997 1996
Revenues:
Product $ 91,138 $ 89,439
Customer service 19,182 18,875
Total revenues 110,320 108,314
Cost of revenues:
Product 54,276 62,445
Customer service 12,336 11,534
Total cost of revenues 66,612 73,979
Gross profit:
Product 36,862 26,994
Customer service 6,846 7,341
Total gross profit 43,708 34,335
Operating expenses:
Selling expenses 18,677 21,037
Product development and
engineering expenses 9,525 10,096
General and administrative
expenses 9,843 10,548
Total operating expenses 38,045 41,681
Income (loss) from operations 5,663 (7,346)
Interest income 420 136
Interest expense (1,811) (2,162)
Income (loss) before other non-
operating (expense) income and
income taxes 4,272 (9,372)
Other non-operating (expense) income (7) (32)
Income (loss) before income taxes 4,265 (9,404)
Provision (benefit) for income taxes 1,877 (4,702)
Net income (loss) 2,388 (4,702)
Earnings per common and common
equivalent share:
Net income (loss) per share .15 (.29)
Average number of common and common
equivalent shares outstanding 16,273 16,182
Six Months ended September 30,
1997 1996
Revenues:
Product $177,829 $183,464
Customer service 37,404 37,233
Total revenues 215,233 220,697
Cost of revenues:
Product 106,836 128,270
Customer service 23,462 22,582
Total cost of revenues 130,298 150,852
Gross profit:
Product 70,993 55,194
Customer service 13,942 14,651
Total gross profit 84,935 69,845
Operating expenses:
Selling expenses 36,776 42,220
Product development and
engineering expenses 18,651 21,204
General and administrative
expenses 19,547 21,711
Total operating expenses 74,974 85,135
Income (loss) from operations 9,961 (15,290)
Interest income 917 351
Interest expense (3,602) (4,132)
Income (loss) before other non-
operating (expense) income and
income taxes 7,276 (19,071)
Other non-operating (expense) income (165) 73
Income (loss) before income taxes 7,111 (18,998)
Provision (benefit) for income taxes 3,129 (9,499)
Net income (loss) 3,982 (9,499)
Earnings per common and common
equivalent share:
Net income (loss) per share .25 (.58)
Average number of common and common
equivalent shares outstanding 16,027 16,265
REUTERS |
