Zoran Corp. (ZRAN) reported a fourth-quarter GAAP net loss of $2.9 million or $0.06 per share compared to a GAAP net loss of $20.2 million or $0.40 per share for the fourth quarter of the prior year.
Non-GAAP net income was $0.5 million or $0.01 per share compared to a non-GAAP net loss of $10.5 million or $0.21 per share for the same period last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report a loss $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues were $93.3 million compared to $74.7 million for the fourth quarter of 2008. Analysts expected revenue of $94.01 million for the quarter.
The company is currently expecting first quarter 2010 revenues to range between $90 million and $94 million. The company expects to record a first quarter GAAP loss in the range of $0.06-$0.10 per share on approximately 51.5 million shares. On a non-GAAP basis, which excludes acquisition-related amortization costs and stock-based compensation expenses, the company expects to record a first quarter loss of $0.02-$0.05 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.