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HAND Q1 FY 2001 Results

Tue Oct 17, 2000 - 5:07 PM EDT - By James Hromadka

Handspring had $70.5 million in Q1 FY 2001, an increase of 36% over Q4 FY 2000. From the press release:
Handspring showed gross margins of 31.2% for the quarter, up slightly from the prior quarter. Excluding amortization of deferred stock compensation, Handspring reported a net loss of $8.0 million during Q1. Excluding amortization of deferred stock compensation, total operating expenses were $32.6 million, or 46% of revenue. Including amortization of deferred stock compensation, net loss for the quarter was $16.4 million.
This amounted to an 8 cents per share loss, beating analysts estimates of a 12 cent per share loss. C|Net also mentions the earnings.


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