Feeds

Transmeta profit warning clouds positive Q3

Net loss coming in Q4

Security for virtualized datacentres

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. ®

Security for virtualized datacentres

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
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
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
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
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.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.