First Quarter 1998 Financial Data
ZOOM TELEPHONICS, INC.
Consolidated Statements of Income
( 000's except for per share amounts )
Three Months Ending
3/31/98 3/31/97
Net sales $ 18,759 $ 17,951
Cost of goods sold 13,558 14,692
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Gross profit 5,201 3,259
Operating expenses:
Selling 2,844 2,806
General and administrative 1,266 1,057
Research and development 968 1,043
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Total operating expenses 5,078 4,906
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Operating profit (loss) 123 (1,647)
Other income (expense), net 199 129
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Income (loss) before taxes 323 (1,518)
Income tax expense (benefit) 123 (562)
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Net income (loss) $ 200 $ (956)
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Earnings (loss) per share:
Basic $ 0.03 $ (0.13)
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Diluted $ 0.03 $ (0.13)
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Average number of shares outstanding:
Basic 7,474 7,443
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Diluted 7,474 7,443
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