Megatron
12-19-02, 03:49 PM
I found this interesting , especially in light of the headline on the front page here the other day entitled" ATI stocks tumble" (or something like that)
http://www.rage3d.com/#1040315579
"ATI Reports 34 Per Cent Sequential Revenue Increase in First Quarter
Markham, Ontario — December 18, 2002 — ATI Technologies Inc. (TSX: ATY, NASDAQ:
ATYT), a world leader in the design and manufacture of innovative 3D graphics and digital
media silicon solutions, today announced its financial results for the first quarter of its 2003
fiscal year ended November 30, 2002.
Revenues for the first quarter were $322.0 million, up 34.5 per cent from $239.5 million in the
fourth quarter of fiscal 2002, and up 28.8 per cent from $250.0 million in the first quarter of
fiscal 2002. Gross margins were 27.3 per cent, down from 30.1 per cent in the fourth quarter of
fiscal 2002. Operating expenses, excluding amortization of intangible assets, increased to $79.6
million from $70.1 million in the previous quarter.
Net income for the first quarter was $5.0 million or $0.02 per share compared to a net loss of
$32.2 million or $0.14 per share for the fourth quarter of 2002 and a net loss of $10.3 million or
$0.04 per share for the same period a year ago. Adjusted net income(1) for the quarter was $7.0
million or $0.03 per share compared to $2.4 million or $0.01 per share for the previous quarter,
and $10.4 million or $0.04 per share for the same period a year ago."
http://www.rage3d.com/#1040315579
"ATI Reports 34 Per Cent Sequential Revenue Increase in First Quarter
Markham, Ontario — December 18, 2002 — ATI Technologies Inc. (TSX: ATY, NASDAQ:
ATYT), a world leader in the design and manufacture of innovative 3D graphics and digital
media silicon solutions, today announced its financial results for the first quarter of its 2003
fiscal year ended November 30, 2002.
Revenues for the first quarter were $322.0 million, up 34.5 per cent from $239.5 million in the
fourth quarter of fiscal 2002, and up 28.8 per cent from $250.0 million in the first quarter of
fiscal 2002. Gross margins were 27.3 per cent, down from 30.1 per cent in the fourth quarter of
fiscal 2002. Operating expenses, excluding amortization of intangible assets, increased to $79.6
million from $70.1 million in the previous quarter.
Net income for the first quarter was $5.0 million or $0.02 per share compared to a net loss of
$32.2 million or $0.14 per share for the fourth quarter of 2002 and a net loss of $10.3 million or
$0.04 per share for the same period a year ago. Adjusted net income(1) for the quarter was $7.0
million or $0.03 per share compared to $2.4 million or $0.01 per share for the previous quarter,
and $10.4 million or $0.04 per share for the same period a year ago."