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Technology Stocks : CTLM & DSL -- Ignore unavailable to you. Want to Upgrade?

To: LemonHead who wrote (14)	2/2/2002 12:37:26 PM
From: LemonHead	Respond to of 15

4th Qtr & 2001/2000 Comparisons siliconinvestor.com [snip] Centillium Communications Announces Fourth Quarter and Fiscal Year 2001 Financial ResultsRecord Revenue and Pro Forma Profitability for 2001 Cash Increases 18% from Third Quarter to $111 Million FREMONT, Calif., Jan 30, 2002 (BUSINESS WIRE) -- Centillium Communications, Inc. (Nasdaq: CTLM chart, msgs), innovator of broadband communications technology, today reported its fourth quarter and fiscal year 2001 results. Revenues for the fourth quarter ended December 31, 2001 were $34.5 million, compared with revenues of $24.3 million for the quarter ended December 31, 2000 and revenues of $46.8 million in the third quarter of 2001. Fourth quarter pro forma net income was $200,000, or $0.01 per share, compared to a pro forma net loss of $1.7 million, or $0.05 per share, for the fourth quarter of 2000 and pro forma net income of $2.9 million, or $0.08 per share, for the third quarter of 2001. Revenues for the fourth quarter of 2001 include customer cancellation fees of approximately $1.1 million. The Company also generated positive cash flow for the third consecutive quarter. Cash, cash equivalents and short-term investments increased to $110.9 million compared to $93.6 million on September 30, 2001 and $87.7 million on December 31, 2000. Revenues for the year ended December 31, 2001 were $159.5 million, compared with revenues of $56.5 million for the year ended December 31, 2000. Pro forma net income for 2001 was $7.4 million, or $0.20 per share, compared with a pro forma net loss of $17.2 million, or $0.59 per share, for 2000. I think I need to look into those "Customer Cancellation Fees". Keith