Virage Logic Reports Second Quarter Fiscal 2009 Results

Virage Logic Corporation
Condensed Consolidated Statements of Operations
(In thousands, except per-share amounts)
(Unaudited)

 
 

For the Three Months Ended
March 31,

 

For the Six Months Ended
March 31,

2009   2008 2009   2008
Revenue:
License $ 9,126 $ 12,113 $ 17,627 $ 22,874
Royalties   1,899     2,576     4,747     5,875  
Total revenues 11,025 14,689 22,374 28,749
Cost and expenses:
Cost of revenues 2,401 3,121 4,970 5,568
Research and development 6,700 6,175 15,719 12,033
Sales and marketing 2,754 3,864 5,421 7,457
General and administrative 2,645 2,111 4,766 3,886
Goodwill impairment 11,839

-

11,839

-

Restructuring charges   1,473    

-

    1,473     (3 )
Total cost and expenses   27,812     15,271     44,188     28,941  
Operating loss (16,787 ) (582 ) (21,814 ) (192 )
Interest income and other, net   114     767     762     1,934  
Income (loss) before taxes (16,673 ) 185 (21,052 ) 1,742
Income tax (benefit) provision   9,674     (447 )   7,906     18  
 
Net income (loss) $ (26,347 ) $ 632   $ (28,958 ) $ 1,724  
 
Earnings (loss) per share:
Basic $ (1.15 ) $ 0.03   $ (1.26 ) $ 0.07  
Diluted $ (1.15 ) $ 0.03   $ (1.26 ) $ 0.07  
 
Shares used in computing per share amounts:
Basic   22,877     23,494     22,915     23,466  
Diluted   22,877     23,723     22,915     23,730  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
More Editorial  
Jobs
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
Design Verification Engineer for intersil at Morrisville, NC
Applications Engineer for intersil at Palm Bay, FL
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Upcoming Events
Essentials of Digital Technology at MD - Feb 13 - 14, 2018
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



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