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Transmeta calculates profit
Transmeta Corporation has summed up the results of the third financial quarter of 2021, which ended on September 30. Here are the main metrics from the published report:
- Income – 27.9 million. Doll.;
- Profit – 10.1 million. Doll.;
- Cash balance – 56.9 million. Doll.;
- Deferred income – 6.0 million. Doll.
The company’s success in the quarter is attributed to changes in the business model: Transmeta is targeting mass market segments by offering licensing, custom processor development and “synergistic engineering services”.
Recall that in the second quarter, income was 24.7 million. Doll., there is some growth. The components of income in the third quarter were distributed as follows: 9.6 million. Doll. accounted for licensing, 10.3 million. Doll. – for services, 7.9 million. Doll. was obtained from product sales. As for the profit, in the last quarter it was noticeably less – 6.8 million. dollars, and a year ago, in the third quarter of 2021, it was completely absent: losses then amounted to 28.6 million. Doll.
Well, Transmeta is doing better. Plans for 2021 provide for further revenue growth, including through increased licensing of LongRun2 technology and specialized versions of 90nm Efficeon products (pictured).