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Technology Stocks : Pericom Semiconductor PSEM

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To: RBB who wrote (132)7/23/1998 4:23:00 PM
From: RBB  Read Replies (2) of 532
 
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

Copyright 1998, Reuters News Service
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