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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Herb Fuller who wrote (9730)5/9/1999 1:19:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 10072
 
Iomega 2nd Q '99 Estimates:

Clik will lose $15 Million for 2nd Quarter 1999 on sales of $7 Million. This will be the highest $ amount of Quarterly revenues that Iomega ever realizes from Clik.

For 2nd Q 1999, Iomega will report:

Revenues: $365 Million, down (-7%) year to year from 2nd Q '98

GM $82 Million 22.5%
SG&A $61.5 Million 17.0%
R&D $23 Million 6.3%

Earnings: Loss of $2.5 Million ($0.01)