Metricom Inc Q3 Full Results:
LOS GATOS, Calif., Oct. 30 (Reuter) -
(In thousands, except per share amounts)
Three Months Ended Nine Months Ended
Sep 30, Sep 27, Sep 30, Sep 27,
1997 1996 1997 1996
REVENUES:
Service revenues $ 1,607 $ 704 $ 4,980 $ 1,243
Product revenues 1,534 644 4,697 4,362
Total revenues 3,141 1,348 9,677 5,605
COSTS AND EXPENSES:
Cost of service revenues
6,299 4,572 19,973 11,479
Cost of product revenues
1,297 312 2,984 2,258
Research and development
2,763 2,295 8,652 6,910
Selling, general
and administrative 4,876 5,350 15,640 13,202
Provision for
Overall Wireless -- -- 3,611 --
Total costs and expenses
15,235 12,529 50,860 33,849
Loss from operations
(12,094) (11,181) (41,183) (28,244)
INTEREST EXPENSE 1,071 349 3,202 349
INTEREST INCOME 353 776 1,663 2,262
Net loss (12,812) (10,754) (42,722) (26,331)
Net loss per share (0.94) (0.80) (3.14) (1.97)
Weighted average shares
outstanding 13,648 13,462 13,610 13,382 |
