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Fourth 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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Years Ending
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12/31/00 |
12/31/99 |
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12/31/00 |
12/31/99 |
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Net sales
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$ 16,272 |
$ 17,415 |
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$ 59,750 |
$ 64,088 |
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Cost of goods sold
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11,078 |
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10,887 |
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39,404 |
40,550 |
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Gross profit
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5,194 |
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6,528 |
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20,346 |
23,538 |
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Operating expenses:
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Selling
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3,379 |
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3,712 |
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12,714 |
13,571 |
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General and administrative
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1,827 |
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1,645 |
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6,228 |
6,276 |
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Research and development
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1,588 |
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1,569 |
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6,249 |
6,425 |
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Total operating expenses
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6,794 |
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6,926 |
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25,191 |
26,272 |
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Operating profit (loss)
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(1,600) |
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(398) |
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(4,845) |
(2,734) |
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Other income, net
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50 |
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246 |
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469 |
737 |
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Income (loss) before taxes
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(1,550) |
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(152) |
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(4,376) |
(1,997) |
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Income tax expense (benefit)
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(401) |
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(57) |
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(1,299) |
(588) |
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Net income (loss)
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$ (1,149) |
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$ (95)
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$
(3,077) |
$
(1,409) |
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Earnings (loss) per share:
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Basic
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$
(0.15) |
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$
(0.01) |
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$
(0.40) |
$
(0.19) |
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Diluted
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$
(0.15) |
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$
(0.01) |
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$
(0.40) |
$
(0.19) |
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Average number of shares outstanding:
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Basic
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7,860 |
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7,505 |
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7,757 |
7,483 |
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Diluted
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7,860 |
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7,505 |
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7,757 |
7,483 |
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