==> SMOD Q1 SHR $0.41 beating street estimate of $0.37
Smart Modular (NASDAQ:SMOD) Q1 shr $0.41 vs $0.27
Reuters, Thursday, February 20, 1997 at 16:30
FREMONT, Calif, Feb 20 (Reuter) -
(In thousands, except per share data)
(Unaudited)
Jan. 31,
1997 1996
Net sales $131,612 $90,317
Cost of sales 108,981 73,779
Gross profit 22,631 16,538
Operating expenses:
Research and development 1,829 1,414
Sales and marketing 3,192 3,311
General and administrative 4,934 3,518
Total operating expenses 9,955 8,243
Income from operations 12,676 8,295
Other income (expense), net 529 429
Income before provision for
income taxes 13,205 8,724
Provision for income taxes 4,495 3,279
Net income 8,710 5,445
Net income per share 0.41 0.27
Weighted average common and
common equivalent shares
outstanding 21,462 20,313
Copyright 1997, Reuters News Service
Happy Investing!
-TIMMY T. |
