Broadway & Seymours Third Quarter Results.Broadway Broadway, famous thoroughfare in New York City. It extends from Bowling Green near the foot of Manhattan island N to 262d St. in the Bronx. Throughout its length Broadway is chiefly a commercial street. & Seymour Seymour. 1 Town (1990 pop. 14,288), New Haven co., SW Conn., on the Naugatuck River; settled c.1678, inc. 1850. The town's manufacturing industries decline since the mid-1900s, but cable and wire, electronic components and hardware, car racks, and , Inc. Consolidated Statement of Operations See Income statement. (In thousands, except per share data) (Unaudited) Three Months Ended Nine Months Ended Sept. 30, Sept. 30, 1998 1997 1998 1997 ------ ------ ------ ------ Net revenue $17,505 $19,451 $50,690 $58,214 ------- ------- ------- ------- Operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. : Cost of revenue 12,874 11,432 38,054 36,728 Research and development 2,094 1,504 5,304 4,248 Sales and marketing 3,402 2,912 8,941 8,173 General and administrative 2,814 2,568 8,240 7,568 Restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). charge (credit) 639 (127) 639 (706) ------- ------- ------- ------- Total operating expenses 21,823 18,289 61,178 56,011 ------- ------- ------- ------- Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. (loss) (4,318) 1,162 (10,488) 2,203 Gain on disposition of non-strategic units 155 169 1,762 1,155 Interest income, net 246 267 730 581 ------- ------- ------- ------- Income (loss) before income taxes (3,917) 1,598 (7,996) 3,939 Income tax benefit (provision) 1,205 (724) 2,617 (1,802) ------- ------- ------- ------- Net income (loss) ($2,712) $ 874 ($5,379) $ 2,137 ======= ======= ======= ======= Net income (loss) per share: - Basic ($0.31) $0.10 ($0.60) $ 0.24 ======= ======= ======= ======= - Diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. ($0.31) $0.09 ($0.60) $ 0.23 ======= ======= ======= ======= |
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