Headline: TABLE - Glenayre Technologies (NASDAQ:GEMS) q1 loss
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CHARLOTTE, N.C., April 27 (Reuters) -
(In thousands, except per share amounts)
(Previously Restated)
First Qtr First Qtr
Ended 3/31/99 Ended 3/31/98
Net Sales $70,021 $94,533
Cost of Sales 38,081 45,764
Selling, General &
Administrative 21,575 25,313
Research & Development 11,663 14,193
Depreciation &
Amortization 8,614 9,377
Loss from Operations (9,912) (114)
Interest Income, Net 2,388 2,191
Other Income (Expense),
Net 37 (96)
Income (Loss) before Income
Taxes (7,487) 1,981
Provision (Benefit) for
Income Taxes (5,890) 1,860
Net Income (Loss) ( 1,597) 121
Net Income (Loss) per
Common Share Assuming
Dilution ( 0.03) 0.00
Number of Shares Used to
Compute Diluted per
Share Data 62,116 63,270
BALANCE SHEET DATA
(In thousands)
(Unaudited)
3/31/99 12/31/98
Cash $ 23,596 $ 12,283
Working Capital 165,115 154,472
Total Assets 532,310 561,795
Stockholders' Equity 460,751 462,153
Copyright 1999, Reuters News Service |
