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First Quarter 2003 Financial Data
    			                 ZOOM TECHNOLOGIES, INC.
                       Consolidated Statements of Operations
                       In thousands, except per share amounts
                                   (Unaudited)
    							   
    
                                                       Three Months Ending
                                                         3/31/03  3/31/02
    
    Net sales                                             $7,539   $8,973
    Cost of goods sold                                     5,394    7,183
    
      Gross profit                                         2,145    1,790
    
    Operating expenses:
      Selling                                              1,362    1,572
      General and administrative                             958      911
      Research and development                               752    1,076
    
      Total operating expenses                             3,072    3,559
    
      Operating profit (loss)                               (927)  (1,769)
    
    Other income (expense), net                               87       35
    
      Income(loss) before income taxes                      (840)  (1,734)
    
    Income tax expense(benefit)                                -    2,013
    
      Income (loss) before extraordinary gain               (840)  (3,747)
    
    Extraordinary gain                                         -      255
    
      Net income (loss)                                    $(840) $(3,492)
    
    
            Basic and diluted earnings (loss) per share:
    
      Earnings (loss) per share before extraordinary
       gain                                               $(0.11) $ (0.47)
      Extraordinary gain                                       -     0.03
      Earnings (loss) per share                           $(0.11)  $(0.44)
    
    
    Weighted average number of shares outstanding:
    
      Basic and diluted                                    7,853    7,861
                      

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  2006-04-20