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Fourth Quarter 1999 Financial Data
ZOOM TELEPHONICS, INC
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Consolidated Statements of Income
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( 000's )
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(Unaudited)
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Three Months Ending
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Years Ending
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12/31/99
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12/31/98
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12/31/99
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12/31/98
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Net sales
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$ 18,018
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$ 16,025
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$ 63,438
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$ 61,364
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Cost of goods sold
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11,490
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9,987
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39,900
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44,651
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Gross profit
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6,528
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6,128
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23,538
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16,713
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Operating expenses:
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Selling
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3,712
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3,164
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13,571
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11,801
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General and administrative
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1,645
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1,414
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6,276
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4,976
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Research and development
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1,569
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1,212
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6,425
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4,449
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Total operating expenses
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6,926
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5,790
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26,272
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21,226
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Operating profit (loss)
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(398)
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338
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(2,734)
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(4,513)
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Other income, net
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246
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229
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737
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1074
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Income (loss) before taxes
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(152)
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567
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(1,997)
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(3,439)
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Income tax expense (benefit)
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(57)
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195
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(588)
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(1,287)
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Net income (loss)
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$ (95)
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$ 372
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$ (1,409)
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$ (2,152)
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Earnings (loss) per share:
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Basic
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$ (0.01)
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$ 0.05
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$ (0.19)
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$ (0.29)
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Diluted
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$ (0.01)
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$ 0.05
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$ (0.19)
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$ (0.29)
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Average number of shares outstanding:
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Basic
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7,505
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7,475
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7,483
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7,474
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Diluted
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7,505
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7,475
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7,483
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7,474
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