Xcerra Announces Second Quarter Results


Xcerra Corporation        
Reconciliation of GAAP Net Income to No n-GAAP Net (Loss) Income        
(In thousands, except per share amounts)          
(unaudited)          
         
  Three Months  Basic  Diluted    Three Months  Basic  Diluted  
  Ended  Earnings  Earnings    Ended  Earnings  Earnings  
  January 31, 2016  Per Share  Per Share    January 31, 2015  Per Share  Per Share  
                 
GAAP net income$4,436 $0.08 $0.08  $3,929 $0.07 $0.07  
(Income) loss from discontinued operations (8,363) (0.16) (0.16)  663  0.01  0.01  
Amortization of purchased intangible assets 296  0.01  0.01   449  0.01  0.01  
Restructuring 252  -  -   230  -  -  
Amortization of inventory step up for purchase accounting -  -  -   498  0.01  0.01  
Gain from financing activities (Other income, net) -  -    -       (2,685 )   (0.05 )   (0.05 )  
Non-GAAP net (loss) income $ (3,379 ) $ (0.06 ) $ (0.06 )   $ 3,084   $ 0.05   $ 0.05    
                 
Weighted average shares outstanding:     53,608     53,608         54,362     54,667    
                 
                 
  Six Months  Basic  Diluted    Six Months  Basic  Diluted  
  Ended  Earnings  Earnings    Ended  Earnings  Earnings  
  January 31, 2016  Per Share  Per Share    January 31, 2015  Per Share  Per Share  
                 
GAAP net income $ 2,771   $ 0.05   $ 0.05     $ 15,991   $ 0.30   $ 0.30    
(Gain) loss from discontinued operations   (7,576 )   (0.14 )   (0.14 )     1,094     0.02     0.02    
Amortization of purchased intangible assets   710     0.01     0.01       984     0.02     0.02    
Restructuring   384     0.01     0.01       938     0.02     0.02    
Amortization of inventory step up for purchase accounting   -     -     -       1,991     0.04     0.04    
Gain from financing activities (Other income, net)   -     -     -       (2,685 )   (0.05 )   (0.05 )  
Non-GAAP net (loss) income $ (3,711 ) $ (0.07 ) $ (0.07 )   $ 18,313   $ 0.35   $ 0.34    
                 
Weighted average shares outstanding:     54,049     54,141         52,745     53,510    

« Previous Page 1 | 2 | 3 | 4  Next Page »
Featured Video
Jobs
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise