EZchip Announces First Quarter 2012 Results


 
                            EZchip Semiconductor Ltd.
 
        Selected Condensed Consolidated Cash Flow Data on a Non-GAAP basis
 
                           (U.S. Dollars in thousands)
 
                                   (Unaudited)
 
                                               Three Months Ended
                                       ------------------------------------
                                       March 31,  December  31,  March 31,
                                         2012         2011        2011
                                       ---------   -----------   ---------
    Cash flows from operating
    activities:
                                                          
    Net income (loss)                    $ 5,132     $(5,953)     $ 1,473
    Adjustments to reconcile net
    income (loss) to net cash
    provided by operating
    activities:
    Repayment of OCS grants*                  --       9,938           --
    Depreciation and amortization            143         163          450
    Decrease in trade and other
    receivables, net                         681       1,113        1,295
    Decrease (increase) in
    inventory                             (1,178)        259       (1,426)
    Decrease in deferred tax asset            --          --        1,403
    Increase (decrease) in trade
    payables and other accrued
    liabilities, net                        (463)      1,213         (385)
    Stock-based compensation               2,582       2,218        2,096
                                         --------    -------       -------
    Net cash provided by operating
    activities                             6,897       8,951        4,906
                                         --------    -------       -------
 
    Cash flows from investing
    activities:
    Purchase of property and
    equipment                              (336)        (97)        (125)
 
    Purchase of technology
                                              --       (500)           --
                                         --------    -------       -------
    Net cash used in investing
    activities                             (336)       (597)        (125)
                                         --------    -------       -------
 
    Cash flows from financing
    activities:
    Proceeds from exercise of
    options
                                          11,415         711        2,473
                                         --------    -------       -------
    Net cash provided by financing
    activities                            11,415         711        2,473
                                            --------        -------              -------
  
        Repayment  of  OCS  grants*                                    --            (9,938)                    --
        Unrealized  gain  (loss)  on
        marketable  securities,  net                              478                      6                    (91)
                                                                                  --------        -------              -------
  
        Increase  (decrease)  in  cash,
        cash  equivalents  and  marketable
        securities                                                        18,454                (867)              7,163
        Cash,  cash  equivalents  and
        marketable  securities  at  the
        beginning  of  the  period                            126,770          127,637            101,310
                                                                                  --------        -------              -------
        Cash,  cash  equivalents  and
        marketable  securities  at  the                                                      
        end  of  the  period                                    $  145,224        $126,770        $  108,473
                                                                                ========        ========            ========
 


« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Trimble

Air bus

Featured Video
Jobs
Estimator / Bidder for Rulon International at Saint Augustine, FL
Mechanical Engineer II - Requisition ID 090445 for L3 Technologies at New York, NY
ECAD Designer - Data Connectivity for Delphi at Auburn Hills, MI
Upcoming Events
17 International Multidisciplinary Scientific GeoConference SGEM 2017 at Paradise Blue Congress Center Albena Resort & SPA Bulgaria - Jun 28 - 7, 2017
LiDAR for DRONE 2017, Jun 29-30, 2017, Montpellier, France at Montpellier France - Jun 29 - 30, 2017
International Cartographic Conference 2017 at MARRIOTT WARDMAN PARK HOTEL 2660 Woodley Road NW, Washington District Of Columbia 20008 Washington - Jul 2 - 7, 2017
GI_Forum 2017 at University of Salzburg, Interfaculty Department of Geoinformatics - Z_GIS Hellbrunnerstr. 34 Salzburg Austria - Jul 4 - 7, 2017
Teledyne Optech
University of Denver GIS Masters Degree Online
InterDrone2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy