Digital River 2001 Annual Report Download - page 27

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25
Quarterly Financial Data
Digital River 2001 Annual Report
(Unaudited, in thousands except per share data)
Quarter ended
2001 March 31 June 30 September 30 December 31
R evenue $ 13,047 $ 13,055 $ 13,991 $ 17,732
Gross profit (a) 9,526 9,906 11,069 14,414
Loss from operations (b) (6,589) (5,324) (4,548) (3,642)
Net loss (6,241) (5,062) (4,374) (3,545)
Net loss per share (c) $ (0.28) $ (0.21) $ (0.18) $ (0.14)
Quarter ended
2000 March 31 June 30 September 30 December 31
R evenue $ 6,883 $ 6,635 $ 7,607 $ 10,056
Gross profit (a) 4,798 4,403 5,298 7,339
Loss from operations (b) (12,675) (13,187) (8,456) (5,793)
Net loss (11,991) (12,633) (8,074) (5,418)
Net loss per share (c) $ (0.58) $ (0.60) $ (0.37) $ (0.24)
(a) Gross profit is calculated as revenue less direct cost of services and network and infrastructure expenses and excludes depreciation
and amortization expense.
(b) Loss from operations includes amortization of goodwill and other intangibles and acquisition related costs of $4,644, $3,839,
$3,912 and $4,614 in the quarters ended March 31, June 30, September 30 and December 31, 2001, respectively and includes
amortization of goodwill and other intangibles and acquisition related costs of $5,394, $4,334, 2,603 and $3,056 in the
quarters ended March 31, June 30, September 30 and December 31, 2000, respectively.
(c) Net loss per share is the same for both basic and diluted.