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MoSys Q1 Loss Narrows - Quick Facts

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.

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by RTT Staff Writer

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