Feeds

Transmeta sales grow as losses mount

Significant 90nm sales not due until 2005

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

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

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.