Feeds

Transmeta sales grow as losses mount

Significant 90nm sales not due until 2005

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Transmeta experienced modest sales growth during its second quarter of fiscal 2004. But in a reference to 90nm demand issues, the company warned that it is not expecting large-scale adoption of its second-generation Efficeon processor to take place until 2005.

During Q2, Transmeta racked up sales totalling $6m, up 18 per cent on the year-ago quarter's $5.1m and 15 per cent on Q1 2004's $5.2m. Unit shipments of Efficeons in both the 130nm and 90nm nodes were up by 130 per cent, the company said.

"The majority of our second quarter revenue came from the thin client and notebook markets, and the overall revenue was spread over a broader base of customers than in the past few quarters," said company CEO and President Matthew Perry in a statement.

The company lost $25.5m (15 cents a share) during the period, widening from Q1's $23.4m (14 cents a share) loss and the $22m (16 cents a share) deficit reported this time last year.

The non-GAAP net loss for Q2 was $22.9m (13 cents a share). This compares with a non-GAAP net loss of $19.6m (11 cents a share) in Q1 and a non-GAAP net loss of $18.3m (13 cents a share) for Q2 2003.

Perry declared himself please with the 90nm ramp, noting keen interest in - but not necessary sales of - the 1.6GHz Efficeon. However, the company's first 90nm customer isn't planning to ship until late Q3, and while "we expect some additional Efficeon systems to ship in 2004", said Perry, the "majority" of the Efficeon designs are not expected to ship until 2005. He blamed that on "market dynamics and customer resource constraints".

Looking ahead to Q3's figures, Transmeta said it expects sales to come in between $8m and $8.7m, making for a 33-45 per cent sequential jump in sales. But that's less about chips than chip technologies - $3.5m of that figure will come from licensing its LongRun 2 power-preservation technology.

Transmeta also forecast a net GAAP loss of 11-13 cents a share. ®

Related stories

Transmeta shows working 1.6GHz 90nm Efficeon
Transmeta sales rise as Efficeon interest grows
Dialogue demos 'total wireless' sub-notebook
Intel to add NX security to Pentium 4 in Q4
Transmeta pledges 'no execute' security support
Transmeta hunts for life in small devices
Intel 'acquires' Russian Itanium killer's R&D staff
Ultra-personal Computers - PCs in a pod

Boost IT visibility and business value

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.