This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Interphase Announces Second Quarter 2011 Financial Results

Interphase and the Interphase logo are trademarks or registered trademarks of Interphase Corporation. All other trademarks are the property of their respective owners.

Condensed Consolidated Financial Statements

Interphase Corporation
         
Condensed Consolidated Statements of Operations
(amounts in thousands, except per-share amounts)
 
Three Months Ended Jun. 30, Six Months Ended Jun. 30,
2011   2010     2011   2010
Revenues $ 6,177 $ 3,858 $ 12,865 $ 7,617
Gross margin 3,247 1,781 6,499 3,640
Research and development 1,016 1,818 2,048 3,911
Sales and marketing 872 1,271 1,876 2,531
General and administrative   1,029     954     2,014     1,958  
Total operating expenses 2,917 4,043 5,938 8,400
Income (loss) from operations 330 (2,262 ) 561 (4,760 )
Income (loss) before income tax 332 (2,222 ) 571 (4,752 )
Net income (loss) 317 (2,211 ) 548 (4,574 )
Net income (loss) per diluted share $ 0.04 $ (0.32 ) $ 0.08 $ (0.67 )
Weighted average common and dilutive shares 7,139 6,832 7,097 6,851
 
 
Selected Consolidated Balance Sheet Information
(amounts in thousands)
   
Jun. 30, 2011   Dec. 31, 2010
Cash and marketable securities $ 11,239 $ 10,777
Accounts receivable, net 5,045 4,633
Inventories 1,524 1,645
Net property, plant and equipment 371 414
Total assets 19,683 19,314
Total liabilities 7,524 8,304
Total shareholders' equity $ 12,159 $ 11,010




3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs