FONT-SIZE Plus   Neg

MoSys Q1 Loss Narrows - Quick Facts

MoSys Inc.'s (MOSY) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Bond management titan Bill Gross has filed suit against his former employer, PIMCO, for breach of contract related to his ouster from the company. Gross is looking for damages of at least $200 million for forcing him out of the company, according to court filings. Gross claims that other managers conspired to push him out of the firm he co-founded in order to improve their own finances. Large U.S. companies are holding trillions of dollars overseas in an effort to avoid U.S. taxes, with big-name firms like Apple (AAPL), Pfizer (PFE) and PepsiCo (PEP) named as notable examples. This is the claim made by a pair of non-profit groups, who released a study based on the firms' financial statements. Alcoa Inc. (AA), the largest producer of aluminum in the US, Thursday reported a sharp decline in profit for the third quarter, as sales dropped 11 percent reflecting divestitures and currency headwinds. Both the earnings and revenues fell short of Wall Street analysts' estimates, sending its shares...
comments powered by Disqus
Follow RTT