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Technology Stocks : SDLI -- Ignore unavailable to you. Want to Upgrade?


To: Toby who wrote (200)11/14/1997 9:21:00 AM
From: w2j2  Respond to of 297
 
Toby, those numbers look pretty good. I have not been posting, because it seems nobody is watching. Here are a few other items, which YOU have probably seen:

SAN JOSE, Calif., Nov. 4 /PRNewswire/ -- In order to address new and
emerging telecommunications markets created by the explosive growth of erbium
doped fiber amplifier and wavelength division multiplexing (WDM) applications,
SDL, Inc. (NASDAQ:SDLI) has announced a new, low cost 980 nm pump module.
Taking advantage of a new optical design and several manufacturing efficiency
improvements has enabled the introduction of this product at a significantly
lower price.
Donald R. Scifres, chairman and chief executive officer said, "We expect
this product to contribute substantially to the cost reduction objectives of
our customers while at the same time increase our factory efficiency to
support the rapid increase in business we see in this product line. As an
integrated manufacturer of semiconductor lasers, fiber-coupled modules and
fiber Bragg gratings, SDL is uniquely positioned to integrate these key
elements into pump modules with performance and cost advantages."
Like other SDL pump modules, the SDL-2400 series has been thoroughly
tested for reliability and ruggedness according to Bellcore testing
guidelines. It uses the same patented fiber Bragg grating technology to
stabilize the power and wavelength as found in SDL's high power pump module
products. Kink-free optical power up to 110mW is available in this new model



To: Toby who wrote (200)11/14/1997 9:23:00 AM
From: w2j2  Respond to of 297
 
SAN JOSE, Calif., Oct. 20 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI) today
announced quarterly revenue and earnings.
For the third quarter ended September 30, 1997, SDL reported revenue of
$24.0 million compared to revenue of $19.4 million in the third quarter of
1996. Third quarter 1997 net income rose 160% to $2.5 million or $0.17 per
share compared to net income of $0.9 million or $0.07 per share reported for
the third quarter 1996. Earnings per share for the third quarter of 1997 were
computed based on 14.4 million shares, compared to 14.1 million shares in
1996.
For the nine months ended September 30, 1997, SDL reported revenue of
$66.5 million and a net loss of $26.5 million, or $1.97 per share, compared to
revenue of $61.4 million and net income of $5.5 million, or $0.43 per share
for the first nine months of 1996. The loss in 1997 was due to a second
quarter one-time charge primarily related to the settlement of a lawsuit.
Shares used in the computation of per share amounts for the first nine months
of 1997 were 13.4 million shares, compared to 12.9 million shares in 1996.
"We are encouraged by our return to revenue growth in the third quarter
which resulted from continued strong customer demand for 980 nm pump modules
generated by our new product offerings," said Donald R. Scifres, chairman and
chief executives officer. "This progress is also due to our focus on
increasing our front end wafer manufacturing capacity over the past
12 months."



To: Toby who wrote (200)11/14/1997 9:24:00 AM
From: w2j2  Respond to of 297
 
SDL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share data - unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
1997 1996 1997(A) 1996

Total revenue $ 23,951 $ 19,369 $ 66,537 $ 61,397
Cost of revenue 16,325 14,499 48,676 41,004
Gross margin 7,626 4,870 17,861 20,393

Operating expenses:
Research and development 2,340 1,560 7,649 4,605
Selling, general and
administrative 2,799 2,768 36,874 8,240
Amortization of purchased
intangibles 163 161 487 484

Total operating expenses 5,302 4,489 45,010 13,329

Operating income (loss) 2,324 381 (27,149) 7,064
Interest (income), net (266) (570) (1,003) (839)

Income (loss) before
income taxes 2,590 951 (26,146) 7,903
Provision for income taxes 139 8 367 2,372

Net income (loss) $ 2,451 $ 943 $ (26,513) $ 5,531

Net income (loss)
per share $ 0.17 $ 0.07 $ (1.97) $ 0.43

Shares used in computing
net income per share 14,431 14,142 13,449 12,866

(A) Includes one-time charges totaling $30,911.

SDL, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

September 30, December 31,
1997 1996
(unaudited)

Assets
Current assets:
Cash, cash equivalents and
short-term investments $ 13,847 $ 47,958
Accounts receivable. net 20,185 11,816
Inventory 12,635 13,441
Other current assets 2,864 3,902
Total current assets 49,531 77,117

Property and equipment, net 25,686 22,020
Long-term investments 11,726 10,325
Other assets (includes purchased
intangibles) 4,276 4,380
$91,219 $113,842

Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 7,921 $ 6,777
Accrued liabilities 8,078 4,385
Acquisition obligations -- 2,712
Total current liabilities 15,999 13,874

Other long-term liabilities 1,026 741

Stockholders' equity 74,194 99,227
$91,219 $113,842



To: Toby who wrote (200)11/14/1997 9:25:00 AM
From: w2j2  Respond to of 297
 
SAN JOSE, Calif., Oct. 20 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI) has
announced a new high power 980 nm pump module for the 1.5 um erbium doped
fiber amplifier market. This product is a higher power version of the
standard SDL-21 00 series pump module which offers 125 mW of power. The new
pump module, denoted SDL-2100-150 delivers 150 mW of kink free optical power.
The 20% increase in power is a result of continuous improvements in both chip
and coupling efficiency performance.
This module was developed to meet the need for more power in the next
generation of Dense Wavelength Division Multiplexed (DWDM) systems, which
utilize more channels and higher gain for telecommunications and cable
television systems. Donald R. Scifres, chairman and chief executive officer,
noted, "The performance benefits of this new module show SDL's commitment to
lead the market for high power, reliable pumps which in turn enables our
customers to lead in the development of new systems. This new product employs
SDL's patented fiber Bragg grating stabilization technology which ensures
power and wavelength stability in these demanding applications. This package
has demonstrated reliability and ruggedness through qualification and
lifetesting performed according to stringent Bellcore qualification
guidelines."



To: Toby who wrote (200)11/14/1997 9:25:00 AM
From: w2j2  Respond to of 297
 
SAN JOSE, Calif., Sept. 15 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI)
announced the introduction of the 8610-1550, a high-power, fiber-coupled
tunable laser system. This single-frequency laser is tunable over a 70 nm
wavelength range centered between 1540 nm and 1560 nm. The laser system
offers a fiber-coupled output of +8 dBm and an extremely low relative
intensity noise of less than -160 dB/Hz. These features and specifications
make the 8610-1550 an ideal source for externally modulated transmission
systems.
This system is one member of a new family of system level products from
SDL designed for the telecommunications industry. The 8610-1550 builds on
SDL's core competency in tunable single-frequency semiconductor laser sources,
coupled with proprietary fiber optics technology and packaging expertise. The
8610-1550 is intended for both the R&D and OEM communications markets, in
applications such as LIDAR, satellite communications, cable television, dense
wavelength division multiplexing (DWDM), and nonlinear studies. The system is
manufactured under compliance with ISO-9001.
SDL designs, manufactures and markets semiconductor optoelectronic
integrated circuits, semiconductor lasers, fiber optic related products, and
optoelectronic based systems. The Company's products are used in a diversity
of markets such as telecommunications, cable television, satellite
communications, printing, medical, data storage, consumer electronics, sensor,
defense, materials processing and instrument markets.



To: Toby who wrote (200)11/14/1997 9:26:00 AM
From: w2j2  Respond to of 297
 
SAN JOSE, Calif., Aug. 4 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI)
announced today that John P. Melton, Executive Vice President, has taken on
the management of the Finance Department for the Company effective
immediately. In addition, Melton will assume the role of Chief Financial
Officer on an interim basis. Melton replaces Gregory C. Lindholm who is
leaving the Company to pursue other interests in the San Diego area.
Donald R. Scifres, chairman and chief executive officer, said, "We would
like to thank Greg for his contributions to SDL and we wish him the best in
the future. Since Greg joined the Company in 1985, our annual revenues
increased from $2 million to $82 million, and today with our new emerging
products and technologies, we are positioned to take a much larger share of
the market."
The Company is initiating a formal search to identify a permanent chief
financial officer. In the interim, Melton will handle the day-to-day finance
and administrative responsibilities. "John has more than 30 years of business
and financial management experience with SDL and other public companies. His
understanding of our business operations and our long-term goals will bring
significant insights to our finance department to help improve our financial
performance and overall success at managing our business," continued Scifres.