Digital River 2002 Annual Report Download - page 39

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33
QUA RT E RL Y FIN AN C IA L D AT A
Q UARTER ENDED
March 31 Jun e 30 S ep tem ber 30 Decem b er 31
( in t h ou san ds, excep t p er sh are d at a)
2002
R evenue................................................................................ $ 18,070 $ 19,347 $ 18,872 $ 21,494
G ross profit (a ) .................................................................... 14,743 15,98
1
15,315 17,982
Inc ome (los s) from operations (b)..................................... (3,582) (50
5
) 4
8
3,123
N et income (los s )................................................................ (3,530) (34
8
) 9
8
3,270
N et income (los s ) pe r s ha re-ba s ic ..................................... (0.13) (0.0
1
) 0.0
0
0.1
2
N et income (los s ) pe r s ha re — dilute d............................. $ (0.13) $ (0.01) $ 0.00 $ 0.1
1
Q UARTER ENDED
March 31 Jun e 30 S ep tem ber 30 Decem b er 31
( in t h ou san ds, excep t p er sh are d at a)
2001
R evenue................................................................................ $ 13,047 $ 13,055 $ 13,991 $ 17,732
G ross profit(a) ..................................................................... 9,526 9,90
6
11,069 14,414
Los s from ope ra tions (b)..................................................... (6,589) (5,32
4
) (4,548) (3,642)
N et loss ................................................................................. (6,241) (5,06
2
) (4,374) (3,545)
N et loss pe r sha re (c ) ........................................................... $ (0.28) $ (0.21) $ (0.18) $ (0.14)
(a) Gross profit is calculated as revenue less direct cost of services and network and infrastructure expenses and excludes depreciation and
amortization expense.
(b) Income (loss) from operations includes amortization of goodwill and other intangibles and acquisition related costs of $1,549, $1,651,
$1,356 and $1,182 in the quarters ended March 31, June 30, September 30 and December 31, 2002, respectively, and includes
amortization of goodwill and other intangibles and acquisition related costs of $4,644, $3,839, $3,912, and $4,611 in the quarters
ended March 31, June 30, September 30 and December 31, 2001, respectively.
(c) Net loss per share is the same for both basic and diluted.