logo
Plus   Neg
Share
Email

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Canadian restaurant chain Tim Hortons woes seem to be only mounting. However, most of the company's troubles seem to be self-inflicted amid a public feud with its aggrieved franchisees, alleged deterioration in food quality, and falling share prices. Tim Hortons was acquired by Brazilian private equity firm 3G Capital for $12.5 billion in 2014. An unruly passenger was tasered, arrested and forcibly removed from an American Airlines flight on Sunday evening after he allegedly touched a female passenger inappropriately. Prior to takeoff, the boyfriend of the female passenger on the plane contacted authorities after the unruly passenger, Jacob Garcia, began touching her. Garcia was subsequently arrested by the police. Swiss banking giant UBS Group AG reported Monday higher profit in its first quarter with increased net interest income. The company said it has had an excellent start to 2018. However, UBS shares were trading around 3 percent lower in Switzerland. All of UBS's businesses are affected by economic growth expectations, interest rates, equity market levels and foreign exchange rates.
Follow RTT