Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

MoSys Q1 Loss Narrows - Quick Facts

RELATED NEWS
Trade MOSY now with 

MoSys Inc.'s (MOSY: Quote) GAAP net loss for the first quarter of 2013 was $5.0 million or $0.12 per share, compared to a net loss of $7.2 million, or $0.19 per share in the first quarter of 2012.

The non-GAAP net loss for the first quarter of 2013 was $3.9 million, or $0.10 per share, which excludes amortization of intangible assets and stock-based compensation expense.

Total net revenue for the first quarter of 2013 was $1.3 million, compared to $1.4 million in the first quarter of 2012.

First quarter 2013 total revenue included licensing and other revenue of $0.2 million, consistent with the previous quarter and first quarter of 2012. First quarter 2013 royalty revenue was $1.1 million, compared with $1.4 million in the previous quarter and $1.2 million for the first quarter of 2012.

On average, 2 analysts polled by Thomson Reuters expected the company to report a loss of $0.15 per share on revenues of $1.45 million for the quarter. Analysts' estimates typically exclude special items.

Click here to receive FREE breaking news email alerts for MoSys Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The Chinese economy logged its weakest expansion since early 2009 in the third quarter as slowdown in investment, particularly in the property sector, continued to drag the recovery. Gross domestic product grew 7.3 percent in the third quarter from a year ago, slower than the 7.5 percent expansion seen a quarter ago, the National Bureau of Statistics reported Tuesday. Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Stocks moved notably higher over the course of the trading day on Monday, extending the strong upward move seen last Friday. The gains on the day continued the recent recovery by the markets, with the Nasdaq and the S&P 500 closing higher for the third consecutive session.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.