Grafische chipbakker 3dfx heeft over het tweede financiële kwartaal van 2000 een netto verlies geboekt van ruim 100 miljoen dollar. Dit werd mede veroorzaak door de overname van GigaPixel eerder dit jaar. 3dfx laat de moet echter niet zakken; vanwege de sterke positie in de retail markt en de populairiteit onder de grote OEM leveranciers wordt er nog vol goede hoop naar de toekomst gekeken. Hieronder een plak uit deze press release:
``Clearly, we are very disappointed with this quarter's financial results,'' said Alex Leupp, president and CEO of 3dfx Interactive. ``During the quarter, we were simultaneously faced with product transition, component supply and seasonality issues. As a result of our new Voodoo5 products not being available worldwide until late in the quarter, we lost new product revenue opportunity as well as existing product revenue due to consumers waiting to purchase our new products.''
``Moving forward, however, we are quite excited about our prospects. We continue to dominate the retail graphics board market, and have made inroads back into the high volume PC OEM segment as evidenced by our recently announced design win with Micron Computer,'' Leupp continued. ``This coming quarter we will be shipping a full line of new Voodoo products across a variety of different price points. With the recent merger completed with GigaPixel corporation, we believe we have a very compelling future product roadmap to address the retail and PC OEM markets, in addition to compelling IP core licensing opportunities in the emerging non-PC markets.''
The company reported that its gross profit was $10.2 million during the quarter. With $19.2 million in R&D expenses and $16.5 million in SG&A expenses, the company reported an operating loss before goodwill amortization of ($25.5 million). Also included in the company's second quarter results was a one-time charge for in-process R&D in the amount of $66.2 million in connection with the acquisition of GigaPixel, which was completed during the quarter. This resulted in a net loss of ($100.5 million), or ($3.81) per share. This compares to a net loss of ($11.6 million) or ($0.50) per share for the quarter ended July 31, 1999. Weighted average shares were 26,350,000 and 23,296,000 for the quarters ended July 31, 2000 and 1999, respectively.
Thanks Hexagon voor de link!