Phone.com Q2 results
REDWOOD CITY, Calif., Jan 20 (Reuters) -
PHONE.COM, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
Three Months Ended Six Months Ended
December December December December
31, 31, 31, 31,
1999 1998 1999 1998
Revenues:
License $7,656 64 12,918 266
Maintenance and support services
3,044 1,327 5,509 2,332
Consulting services 2,082 426 2,902 587
Total revenues 12,782 1,817 21,329 3,185
Cost of revenues:
License 291 26 519 88
Maintenance
and support services 2,664 676 4,249 1,109
Consulting services 1,207 77 1,744 135
Total cost of revenues
4,162 779 6,512 1,332
Gross profit 8,620 1,038 14,817 1,853
Operating expenses:
Research and development
8,231 2,492 13,700 4,938
Sales and marketing 5,615 2,074 10,540 3,875
General and administrative
2,775 955 4,713 1,639
Stock-based compensation
- acquisitions 841 -- 841 --
Stock-based compensation
- other 667 255 879 504
Amortization of
goodwill and intangibles
13,752 -- 13,752 --
Total operating expenses
31,881 5,776 44,425 10,956
Operating loss (23,261) (4,738) (29,608) (9,103)
Interest and other income, net
4,094 365 5,592 780
Loss before income taxes
(19,167) (4,373) (24,016) (8,323)
Income taxes 836 -- 925 --
Net loss (20,003) (4,373) (24,941) (8,323)
Basic and diluted
net loss per share (0.31) (0.39) (0.39) (0.75)
Pro forma loss per
share excluding acquisition
related expenses (0.08) (0.39) (0.16) (0.75)
Shares used in computing basic
and diluted net loss per share
65,127 11,234 63,530 11,156 |
