- Coinstar Q1 results
BELLEVUE, Wash., April 28 (Reuters) -
Coinstar, Inc.
Selected Financial and Other Data
(in thousands except for per share and other data)
Three months ended
Mar 31, Mar 31,
1998 1997
Statement of Operations Data:
Revenue $8,823 $3,995
Expenses
Direct Operating 5,823 3,450
Regional sales and marketing 917 630
Product research and development 1,410 1,441
Selling, general and administrative 3,276 2,528
Depreciation and amortization 2,813 1,684
Loss from operations (5,416) (5,738)
Other income (expense)
Other income 39 -
Interest income 501 580
Interest expense (2,571) (2,344)
Net Loss (7,447) (7,502)
Loss per share, basic
and diluted ( 0.49) ( 8.31)(1)
Weighted shares outstanding,
basic and diluted 15,080 903(1)
Other Data:
Number of new Coinstar
units installed in period 327 428
Installed base of Coinstar
units at end of period 3,531 1,929
Number of regional markets 42 27
Dollar volume of coins
processed (millions) 117.3 52.7
Capital expenditures
(millions) 4.7 7.7
Direct contribution(2)
(millions) 3.0 0.5
Annualized revenue per
average installed unit 10,597 9,433
Annualized direct
contribution per average
installed unit 3,601 1,283
Average units installed 3,331 1,694
Average age of network for
the period (months) 13.4 8.3
380-2014))
REUTERS
Rtr 23:29 04-28-98
Copyright 1998, Reuters News Service
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