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FM3104 pdf datasheet
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2008-09-23
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RAMTRON REPORTS FOURTH-QUARTER
AND FULL-YEAR 2007 FINANCIAL RESULTS
COLORADO SPRINGS, CO—February 14, 2008 — U.S. semiconductor maker Ramtron International
Corporation (Nasdaq: RMTR), a leading developer and supplier of nonvolatile ferroelectric random access
memory (F-RAM) and integrated semiconductor products, today reported total revenue of $14.3 million for the
fourth quarter of 2007, 51% higher than total revenue of $9.5 million for the same quarter last year. Net income
for the fourth quarter of 2007 was $8.7 million, or $0.34 per share, compared with a loss of $180,000, or $(0.01)
per share, for the same quarter a year earlier.
Fourth-quarter 2007 results include a non-cash, stock-based compensation expense of $615,000, and an income
tax benefit of $7.6 million. At the end of 2007, given Ramtron’s demonstrated profitability over the past two
years, the company recorded a deferred tax asset on its balance sheet that represents the estimated amount of tax
loss carry forward the company currently expects to offset with future taxable income. This resulted in a noncash
income tax benefit of $7.6 million, which was recorded on Ramtron’s income statement for the fourth
quarter of 2007. Without these items, fourth-quarter net income would have been $1.7 million, or $0.07 per share.
AND FULL-YEAR 2007 FINANCIAL RESULTS
COLORADO SPRINGS, CO—February 14, 2008 — U.S. semiconductor maker Ramtron International
Corporation (Nasdaq: RMTR), a leading developer and supplier of nonvolatile ferroelectric random access
memory (F-RAM) and integrated semiconductor products, today reported total revenue of $14.3 million for the
fourth quarter of 2007, 51% higher than total revenue of $9.5 million for the same quarter last year. Net income
for the fourth quarter of 2007 was $8.7 million, or $0.34 per share, compared with a loss of $180,000, or $(0.01)
per share, for the same quarter a year earlier.
Fourth-quarter 2007 results include a non-cash, stock-based compensation expense of $615,000, and an income
tax benefit of $7.6 million. At the end of 2007, given Ramtron’s demonstrated profitability over the past two
years, the company recorded a deferred tax asset on its balance sheet that represents the estimated amount of tax
loss carry forward the company currently expects to offset with future taxable income. This resulted in a noncash
income tax benefit of $7.6 million, which was recorded on Ramtron’s income statement for the fourth
quarter of 2007. Without these items, fourth-quarter net income would have been $1.7 million, or $0.07 per share.
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