Comments on: PalmSource Reports Q3 FY04 Results

PalmSource today reported revenues of $21.6 million for the third quarter ended February 27, 2004, as compared to revenues of $26.3 million for the same quarter of the prior fiscal year.
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Let the bloodletting begin

Wollombi @ 3/18/2004 6:49:27 PM #
A net loss of $4-$7 million? I really hope this isn't the beginning of a pattern of bleeding red ink for PalmSource. Cobalt needs to live up to or exceed it's promise, and visibly so, or PalmSource will really have a problem on it's hands.

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RE: Let the bloodletting begin
gfunkmagic @ 3/18/2004 7:20:27 PM #
Well with cash cash investments of about $30 million and operating cost of about $2 million per quarter, they could still last a bit over a year w/o any profits...

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RE: Let the bloodletting begin
hoodoo @ 3/19/2004 8:44:31 AM #
Except that they're predicting they will use up $4-6 million in the 4th quarter. They'll probably issue some more equity.

Licensee breakout?

mikecane @ 3/19/2004 12:02:05 AM #
I was wondering, do they itemize their revenue streams by licensee?

RE: Licensee breakout?
hoodoo @ 3/19/2004 8:45:46 AM #
Not that I could find in the report:

http://www.palmsource.com/about/03.18.04_Q3_FY04_Earnings_Final.pdf

RE: Licensee breakout?
hoodoo @ 3/19/2004 8:48:20 AM #
Well... only "related party" and "third party" revenues, which eventually will become 100% third party over the next couple of quarters I suppose.

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