BKC Semiconductor reports improved second quarter results.LAWRENCE Lawrence. 1 City (1990 pop. 26,763), Marion co., central Ind., a residential suburb of Indianapolis, on the West Fork of the White River. It has light manufacturing. 2 City (1990 pop. 65,608), seat of Douglas co., NE Kans. , Mass.--(BUSINESS WIRE)--May 12, 1995--BKC Semiconductors Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BKCS) today reported second quarter revenues of $2,802,000 and a loss of ($122,000) or ($.09) per share as compared to first quarter revenues of $2,461,000 and a loss of ($244,000) or ($.20) per share. Second quarter operations were impacted by the continued rescreening of military product that was started in November November: see month. 1994 and completed in January January: see month. 1995. Nearly all of the second quarter loss was incurred in the month of January and by March the company had generated a modest profit on sales of $1,144,000. As compared to the same quarter of 1994, the company showed comparable revenues and lower net income. For the second quarter of 1994, revenues were $2,789,000 and net income was $85,000 or $0.07 per share. Growth in revenues for the 1995 second quarter was hindered by the rescreening process that continued into January, as well as wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications. (2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter. fab operational problems that slowed output of product. In the month of March, wafer fab output improved significantly and the company was able to increase the flow of product through the process and generate higher revenues for the month. The company had announced changes in wafer fab management during the previous quarter with the goal to improve the effectiveness and cost efficiency of that operation. BKC BKC Burger King Corporation BKC Bible Knowledge Commentary BKC Burgess Kershaw Consultants BKC Bethany Korean Church BKC Backup Catalog BKC BatchKennisCentrum (Dutch: Batch Knowledge Centre) BKC Backup Copy Semiconductors, based in Lawrence, Mass., manufactures electrical devices designed to protect circuit components and control power sources. Its products are used in a wide variety of applications; from computers to medical equipment, from satellites to automobile automobile, self-propelled vehicle used for travel on land. The term is commonly applied to a four-wheeled vehicle designed to carry two to six passengers and a limited amount of cargo, as contrasted with a truck, which is designed primarily for the transportation of braking systems. The condensed consolidated statement of income for the company is as follows:
BKC Semiconductors Inc.
(Amounts in thousands, except per share data)
Three Months Ended
April 1, April 2,
1995 1994
Revenues $2,802 $2,789 Net Income (Loss) ($122) $85 Net Income (Loss) Per Share (0.09) (0.07) Weighted Average Shares 1,244 1,244
Six Months Ended
April 1, April 2,
1995 1994
Revenues $5,263 $5,254 Net Income (Loss) ($366) $96 Net Income (Loss) Per Share (0.29) 0.08 Weighted Average Shares 1,244 1,244 CONTACT: BKC Semiconductors, Lawrence Gerald Gerald - ["Gerald: An Exceptional Lazy Functional Programming Language", A.C. Reeves et al, in Functional Programming, Glasgow 1989, K. Davis et al eds, Springer 1990]. T. Billadeau, 508/681-0392 |
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