Business Services Industry

DVDINSIDER: SONICblue Reports Fourth Quarter Results

DVD News, March, 2003

DVD News 03-19-2003 DVD NEWS-19 March 2003-DVDINSIDER: SONICblue Reports Fourth Quarter Results SONICblue Incorporated reported fourth quarter results, achieving net revenue for the quarter of $67.0 million. SONICblue reported a net loss for the fourth quarter of $33.4 million or $0.34 per share.

This compares with a net loss of $52.6 million or $0.57 per share for the fourth quarter of 2001. The Company's pro forma fourth quarter 2002 operating loss was $15.0 million, or $0.15 per share. This compares with a fourth quarter 2001 pro forma operating loss of $6.8 million, or $0.07 per share. Pro forma operating loss reflects the reported fourth quarter loss from operations of $25.9 million in 2002 and $13.6 million in 2001, less in-process research...

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