Feeds

Transmeta profit warning clouds positive Q3

Net loss coming in Q4

Beginner's guide to SSL certificates

Transmeta's decision to stop making and selling microprocessors and focus on licensing chip-design technology was once again validated during the company's most recently completed quarter.

However, the company warned it expects to make a loss in its current quarter.

For the three months to 30 September 2005 - the third quarter of Transmeta's current fiscal year - revenues of $27.9m yielded a net income of $10.1m (five cents a share).

During Q2, Transmeta made $6.8m (four cents a share) on sales of $24.7m. For the year-ago quarter, it reported revenues of $7m and a loss of $28.8m (16 cents a share).

Back to the most recently completed quarter, and the company reported gross margins of 70.5 per cent, up from 67.1 per cent in Q2. Revenues were split $9.6m from licensing, $10.3m from services and $7.9m from product sales. Transmeta quit the quarter with $56.9m in the bank. It had a positive cash flow from operations of $9.5m.

Looking to Q4, Transmeta said it expects its cash flow to go negative to the tune of $3-3.5m, which will leave it with $53m in the bank - though that's still up from the company's previous forecast, $47m.

It said it expects Q4 revenues to total $12-13m, less than half Q3's figure and ending the company's profit streak: it will lose $5.4-5.9m (three cents a share) the company said. ®

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
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
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.