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


To: mike smith who wrote (32312)4/16/1998 7:16:00 PM
From: mike smith  Respond to of 50808
 
Has this been posted yet?

MILPITAS, Calif., April 16 (Reuters) -

C-CUBE MICROSYSTEMS INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(Unaudited)
Quarter Ended March 31,
1998 1997
Net revenues 87,317 94,132
Costs and expenses:
Cost of revenues 41,014 40,975
Research and development 17,671 15,612
Selling, general and
administrative 14,586 13,070
Total 73,271 69,657
Income from operations 14,046 24,475
Other income (expense), net 274 (1,067)
Income before income taxes
and minority interest 14,320 23,408
Income tax expense 4,296 7,958
Income before minority
interest 10,024 15,450
Minority interest in net
income (loss) of subsidiary (140) 55
Net income $ 10,164 $ 15,395
Diluted net income per share 0.27 0.40
Shares used in computation 41,137 41,209