RE: Digital music sales triple to $1.1bn in 2005/DB/ficardo
posted on
Jan 20, 2006 07:48AM
operating loss of $675,000 for the first six months of fiscal 2006 compared to an operating loss of $1.10 million.
I said ALMOST. Had I said they were breakeven you might have a point...but you don`t.
You like apples, how about them apples?
Revenues for the first six months of fiscal 2006 ended September 30, 2005 totaled $2.99 million compared to revenues of $2.12 million for the first six months of fiscal 2005, an increase of 40 percent.
Gross profit for the second quarter of fiscal 2006 was $540,000 compared to $367,000 for the same period of fiscal 2005. Gross profit for the first six months of fiscal 2006 was $711,000 compared to $436,000 for the same period of fiscal 2005.
The company reported a reduced operating loss of $145,000 for its second fiscal quarter 2006, compared to an operating loss of $394,000 for the same period last year. The company reported an operating loss of $675,000 for the first six months of fiscal 2006 compared to an operating loss of $1.10 million for the same period last year. The decrease in operating loss resulted from the increase in gross profit for the six-month period and a decrease in operating expenses.
Net loss available to common stockholders for the second fiscal quarter of 2006 was $(0.00) per basic diluted share, compared to $(0.00) per basic diluted share for the same period last year. Net loss available to common stockholders for the first six months of fiscal 2006 was $(0.01) per basic diluted share, compared to $(0.01) per basic diluted share for the same period last year.