PSEM : Basic 17 cents, Diluted 16 cents beating the estimates. Good luck.
SAN JOSE, Calif., July 23 (Reuters) - Pericom Semiconductor Corporation Statements of Income (In thousands, except per share data) (unaudited) Three Months Ended Twelve Months Ended Jun 30, Jun 30, Jun 30, Jun 30, 1998 1997 1998 1997 Net revenues $13,314 $11,257 $49,198 $33,166 Cost of revenues 7,888 7,297 29,285 20,986 Gross profit 5,426 3,960 19,913 12,180 Operating expenses: Research and development 1,327 1,134 5,065 4,187 Selling, general and administrative 1,841 1,637 7,793 5,989 Total 3,168 2,771 12,858 10,176 Income from operations 2,258 1,189 7,055 2,004 Other income (expense), net 162 81 738 351 Income before income taxes 2,420 1,270 7,793 2,355 Provision for income taxes 856 419 2,629 777 Net income 1,564 851 5,164 1,578 Basic earnings per share 0.17 0.29 0.73 0.54 Diluted earnings per share 0.16 0.11 0.55 0.20 Shares used in computing basic earnings per share 9,204 2,941 7,083 2,941 Shares used in computing diluted earnings per share 10,040 7,987 9,412 8,092 REUTERS Rtr 16:19 07-23-98
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