NANO » Topics » Summary for the Six Months Ended June 27, 2009

This excerpt taken from the NANO 8-K filed Oct 29, 2009.

Summary for the Nine Months Ended September 26, 2009

Revenues were $50.4 million, down 38% from $81.6 million in the year-ago period. Despite the decline in revenues over the comparable period, gross margin increased by 100 basis points, from 44.2% to 45.2%, reflecting improvements to our cost structure. Excluding restructuring and asset impairment charges, operating expenses of $33.8 million decreased 27% from $46.0 million for the first nine months of 2008, as a result of company-wide cost reductions. Net loss was $16.0 million, or $0.87 per share, compared to net loss of $80.1 million, or $4.31 per share, for the first nine months of 2008. Non-GAAP operating loss was $4.9 million, compared to non-GAAP operating income of $0.1 million in the year-ago period.

This excerpt taken from the NANO 8-K filed Jul 30, 2009.

Summary for the Six Months Ended June 27, 2009

Revenues were $24.6 million, down 58% from revenues of $58.5 million in the year-ago period. Gross margin for the first six months of fiscal 2009 was 36.0% compared to 44.3% for the first six months of 2008, reflecting decreased sales volume and lower factory utilization, partially offset by improvements to our cost structure. Excluding restructuring and asset impairment charges, operating expenses of $21.3 million decreased 33% from $31.8 million for the first six months of 2008. The net loss was $17.6 million, or $0.95 per share, compared to a net loss of $19.6 million, or $1.06 per share, for the first six months of 2008. The non-GAAP operating loss was $8.9 million, compared to non-GAAP operating income of $1.2 million in the year-ago period.

EXCERPTS ON THIS PAGE:

8-K
Oct 29, 2009
8-K
Jul 30, 2009
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki