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Second Quarter 1999 Financial Data
ZOOM TELEPHONICS, INC.
|
| Consolidated Statements
of Income |
| ( 000's ) |
| (Unaudited) |
|
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Three Months Ending |
|
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6/30/99 |
6/30/98 |
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| Net sales |
|
$ |
15,838 |
$ |
12,115 |
|
| Cost of goods sold |
|
|
9,970 |
|
10,030 |
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Gross profit |
|
5,868 |
|
2,085 |
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| Operating expenses: |
|
Selling |
|
|
3,719 |
|
2,835 |
|
|
|
General and administrative |
1,636 |
|
974 |
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Research and development |
1,806 |
|
1,060 |
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Total operating expenses |
7,161 |
|
4,869 |
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Operating profit (loss) |
(1,293) |
|
(2,784) |
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| Other income, net |
|
|
116 |
|
281 |
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Income (loss) before taxes |
(1,177) |
|
(2,502) |
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| Taxes on income |
|
|
(458) |
|
(930) |
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Net income (loss) |
$ |
(719) |
$ |
(1,573) |
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| Earnings (loss) per share: |
|
|
Basic |
|
$ |
(0.10) |
$ |
(0.21) |
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Diluted |
|
$ |
(0.10) |
$ |
(0.21) |
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| Average number of shares
outstanding: |
|
|
Basic |
|
|
7,475 |
|
7,475 |
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Diluted |
|
|
7,475 |
|
7,475 |
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