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Second Quarter 2000 Financial Data
ZOOM TELEPHONICS, INC
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Consolidated Statements of Income
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( 000's )
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(Unaudited)
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Three Months Ending
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Six Months Ending
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6/30/00
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6/30/99
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6/30/00
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6/30/99
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Net sales
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$ 13,256
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$ 15,838
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$ 26,874
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$ 27,225
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Cost of goods sold
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8,671
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9,970
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17,907
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17,296
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Gross profit
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4,585
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5,868
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8,967
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9,929
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Operating expenses:
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Selling
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2,852
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3,719
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5,795
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6,218
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General and administrative
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1,454
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1,636
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2,800
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3,011
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Research and development
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1,814
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1,806
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3,406
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3,310
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Total operating expenses
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6,120
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7,161
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12,001
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12,539
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Operating profit (loss)
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(1,535)
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(1,293)
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(3,034)
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(2,610)
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Other income, net
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168
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116
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283
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394
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Income (loss) before taxes
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(1,367)
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(1,177)
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(2,751)
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(2,216)
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Income tax expense (benefit)
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(430)
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(458)
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(873)
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(807)
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Net income (loss)
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$ (937)
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$ (719)
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$ (1,878)
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$ (1,409)
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Earnings (loss) per share:
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Basic
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$ (0.12)
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$ (0.10)
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$ (0.24)
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$ (0.19)
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Diluted
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$ (0.12)
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$ (0.10)
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$ (0.24)
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$ (0.19)
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Average number of shares outstanding:
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Basic
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7,745
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7,475
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7,693
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7,475
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Diluted
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7,745
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7,475
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7,693
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7,475
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