Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: StockHawk who wrote (10261)	11/13/1999 11:55:00 AM
From: StockHawk	Respond to of 54805

SNDK and SSTI - Revenue Growth SSTI from the 10k annual report: Net revenues decreased from $93.3 million in 1996 to $75.3 million in 1997 and to $69.4 million in 1998. Product revenues were $90.6 million in 1996, $73.8 million in 1997, and $66.9 million in 1998. The decrease from 1996 to 1998 was primarily the result of a decline in average selling prices due to industry overcapacity. License revenues were $2.7 million in 1996, $1.5 million in 1997, and $2.5 million in 1998. Gross profit was $33.8 million or gross margin of 36% of net revenues in 1996, $12.6 million or 17% of net revenues in 1997, and $6.7 million or 10% of net revenues in 1998. from 10-Q/A Amended Quarterly Report 8/24/99 Three months ended June 30, --------------------------- 1999 1998 ------------- ------------- (unaudited) Net Revenues: Product revenues $ 20,433 $ 16,422 License revenues 2,558 402 Total net revenues 22,991 16,824 Most of SST's license agreements require the payment of a one-time up-front license fee that generally does not recur in the future. SNDK from 10-Q Quarterly Report 11/3/99 Condensed Consolidated Statements of Income (In thousands, except per share data; unaudited) Three months ended September 30, 1999 1998 -------- -------- Revenues: Product $ 57,624 $ 24,143 License and royalty 9,910 7,935 -------- -------- -------- Total revenues 67,534 32,078 Our product revenues were $57.6 million in the third quarter of 1999, up $33.5 million or 139% from the third quarter of 1998. Product revenues for the nine months ended September 30, 1999 were $135.9 million, up $62.8 million or 86% from the same period in 1998. During the three and nine month periods ended September 30, 1999, units shipped increased 136% and 147%, respectively over the same periods in 1998. The largest increase in both periods came from sales of CompactFlash which represented 63% and 60% of product revenues, respectively, for the three and nine month periods ended September 30, 1999. Average selling prices declined 2% in the third quarter of 1999 compared to the same period of 1998. StockHawk