First Quarter 1997 Financial Data
ZOOM TELEPHONICS, INC.
Consolidated Statements of Income
(000's except for per share amounts )
Three Months Ending
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3/31/97 3/31/96
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Net sales $ 17,951 $ 33,245
Cost of goods sold 14,692 25,462
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Gross profit 3,259 7,783
Operating expenses:
Selling 2,806 2,706
General and administrative 1,057 828
Research and development 1,043 611
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Total operating expenses 4,906 4,145
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Operating profit (loss) (1,647) 3,638
Other income (expense), net 129 (125)
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Income (loss) before taxes (1,518) 3,513
Income tax expense (benefit) (562) 1,300
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Net income (loss) $ (956) $ 2,213
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Earnings (loss) per share:
Primary $ (0.13) $ 0.35
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Fully diluted $ (0.13) $ 0.35
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Average number of shares outstanding:
Primary 7,443 6,359
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Fully diluted 7,443 6,359
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