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Third 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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|
9/30/99 |
9/30/98 |
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| Net sales |
|
$ |
18,196 |
$ |
14,466 |
|
| Cost of goods sold |
|
|
11,115 |
|
11,168 |
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Gross profit |
|
7,081 |
|
3,298 |
|
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| Operating expenses: |
|
Selling |
|
|
3,641 |
|
2,957 |
|
|
|
General and administrative |
1,620 |
|
1,322 |
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Research and development |
1,546 |
|
1,210 |
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Total operating expenses |
6,807 |
|
5,489 |
|
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|
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Operating profit (loss) |
274 |
|
(2,191) |
|
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| Other income, net |
|
|
97 |
|
364 |
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Income (loss) before taxes |
371 |
|
(1,827) |
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| Taxes on income |
|
|
276 |
|
(676) |
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Net income (loss) |
$ |
95 |
$ |
(1,151) |
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| Earnings (loss) per share: |
|
|
Basic |
|
$ |
0.01 |
$ |
(0.15) |
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Diluted |
|
$ |
0.01 |
$ |
(0.15) |
|
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| Average number of shares
outstanding: |
|
|
Basic |
|
|
7,475 |
|
7,475 |
|
|
|
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Diluted |
|
|
7,541 |
|
7,475 |
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