I forgot to add an "acid-test" set of assumptions, so here it is.
Revenue decreased 17.5% from Q2 Gross Margin reduced to 42.5% Operating Expenses increased to 112% of Q2
Q2 Earnings Reduced 17.5%, as reported 1.12 Op Exp G. M. 0.441 0.425 Revenue 65,742.00 54,237.15 COGS 36,749.78 31,186.36 R&D 5,282.00 5,915.84 SG&A 12,119.00 13,573.28 Op Inc 11,591.22 3,561.67 Oth Inc 690.00 1,960.00 Pre-Tax 12,281.22 5,521.67 Tax (3,529.99) (1,587.09) Net Inc 8,751.23 3,934.58 Basic 0.33 0.15 Diluted 0.31 0.14
... and if you reduce interest income to $1.5 million, you get $0.14 basic and $0.13 diluted. |