biz.yahoo.com , part 2:
Sight Resource Corporation and Subsidiaries
Selected Financial Information
(In thousands, except per share data)
Three Month Period Twelve Month Period
Ended Dec.31, Ended Dec. 31,
1997 1996 1997 1996
Net revenue $11,435 $8,645 $44,576 $29,987
Cost of revenue 4,038 3,510 16,096 11,841
Gross margin 7,397 5,135 28,480 18,146
Selling, general
and administrative
expense 8,601 6,452 30,703 21,600
P.O.S software
write-down 400 0 400 0
Store closings expense 110 0 110 0
Impairment of
fixed assets 0 2,622 0 2,622
Total operating
expenses 9,111 9,074 31,213 24,222
Profit (loss)
from operations (1,714) (3,939) (2,733) (6,076)
Net interest
income/(expense (15) 53 16 251
Gain on sale
of assets 264 0 738 0
Total other income 249 53 754 251
Loss before income
tax expense (1,465) (3,886) (1,979) (5,825)
Income tax expense 25 25 25 25
Net income (loss): $(1,490) ($3,911) ($2,004) ($5,850)
Earnings (loss)
per share: $ (0.17) ($0.45) ($0.23) ($0.78)
Weighted Avg.
Number of Common
Shares Outstanding: 8,756 8,645 8,669 7,523
EBITDA (754) (596) 204 ($1,233)
Contact:
Sight Resource Corp.
Nils Bonde-Henriksen, 508/429-6916 |
