Xcerra Announces Second Quarter Results


Xcerra Corporation        
Reconciliation of GAAP Net Income to No n-GAAP Net (Loss) Income        
(In thousands, except per share amounts)          
(unaudited)          
         
  Three Months  Basic  Diluted    Three Months  Basic  Diluted  
  Ended  Earnings  Earnings    Ended  Earnings  Earnings  
  January 31, 2016  Per Share  Per Share    January 31, 2015  Per Share  Per Share  
                 
GAAP net income$4,436 $0.08 $0.08  $3,929 $0.07 $0.07  
(Income) loss from discontinued operations (8,363) (0.16) (0.16)  663  0.01  0.01  
Amortization of purchased intangible assets 296  0.01  0.01   449  0.01  0.01  
Restructuring 252  -  -   230  -  -  
Amortization of inventory step up for purchase accounting -  -  -   498  0.01  0.01  
Gain from financing activities (Other income, net) -  -    -       (2,685 )   (0.05 )   (0.05 )  
Non-GAAP net (loss) income $ (3,379 ) $ (0.06 ) $ (0.06 )   $ 3,084   $ 0.05   $ 0.05    
                 
Weighted average shares outstanding:     53,608     53,608         54,362     54,667    
                 
                 
  Six Months  Basic  Diluted    Six Months  Basic  Diluted  
  Ended  Earnings  Earnings    Ended  Earnings  Earnings  
  January 31, 2016  Per Share  Per Share    January 31, 2015  Per Share  Per Share  
                 
GAAP net income $ 2,771   $ 0.05   $ 0.05     $ 15,991   $ 0.30   $ 0.30    
(Gain) loss from discontinued operations   (7,576 )   (0.14 )   (0.14 )     1,094     0.02     0.02    
Amortization of purchased intangible assets   710     0.01     0.01       984     0.02     0.02    
Restructuring   384     0.01     0.01       938     0.02     0.02    
Amortization of inventory step up for purchase accounting   -     -     -       1,991     0.04     0.04    
Gain from financing activities (Other income, net)   -     -     -       (2,685 )   (0.05 )   (0.05 )  
Non-GAAP net (loss) income $ (3,711 ) $ (0.07 ) $ (0.07 )   $ 18,313   $ 0.35   $ 0.34    
                 
Weighted average shares outstanding:     54,049     54,141         52,745     53,510    

« Previous Page 1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article

Featured Video
Jobs
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, CA
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Design Verification Engineer for intersil at Morrisville, NC
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, PA
Upcoming Events
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
DVCon US 2018 at Double Tree Hotel San Jose CA - Feb 26 - 1, 2018
5th EAI International Conference on Big data and Cloud Computing Challenges at Vandalur, Kelambakkam high road chennai Tamil Nadu India - Mar 8 - 9, 2018
DownStream: Solutions for Post Processing PCB Designs



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise