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SUNNYVALE, Calif., Oct. 12 (Reuters) -
Silicon Storage Technology, Inc. and Subsidiary
Condensed Consolidated Statements of Operations
(in thousands except per share data)
Three months ended Nine months ended
September 30, September 30,
1999 1998 1999 1998
(unaudited) (unaudited)
Revenues:
Product $ 32,508 $ 17,333 $ 70,734 $ 49,509
License 2,639 806 5,732 1,819
Net revenues 35,147 18,139 76,466 51,328
Costs and expenses:
Cost of revenues 25,941 16,237 60,945 44,033
Research and development
4,581 4,303 13,794 10,805
Sales and marketing 2,574 1,869 7,039 5,204
General and administrative
1,278 1,103 2,523 4,038
Other non-recurring charge
-- -- 2,011 --
34,374 23,512 86,312 64,080
Income (loss) from
operations 773 (5,373) (9,846) (12,752)
Interest and other income
(expense), net 146 289 623 1,298
Income (loss) before
provision for (benefit
from) income taxes 919 (5,084) (9,223) (11,454)
Provision for (benefit from)
income taxes 471 2,189 536 (613)
Net income (loss) 448 ( 7,273) ( 9,759) ( 10,841)
Net income (loss)
per share - basic 0.02 ( 0.32) ( 0.41) ( 0.47)
Shares used in per
share calculation 24,565 22,972 23,805 22,932
Net income (loss)
per share - diluted 0.02 ( 0.32) ( 0.41) ( 0.47)
Shares used in per
share calculation 27,163 22,972 23,805 22,932
Walter |
