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CoSine Communications (CoSine Communications) Net Income : $-0.60 Mil (TTM As of Dec. 2009)


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What is CoSine Communications Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CoSine Communications's Net Income for the six months ended in Dec. 2009 was $-0.60 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.60 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CoSine Communications's Earnings per Share (Diluted) for the six months ended in Dec. 2009 was $-0.06.


CoSine Communications Net Income Historical Data

The historical data trend for CoSine Communications's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CoSine Communications Net Income Chart

CoSine Communications Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.22 0.45 0.42 -0.02 -0.60

CoSine Communications Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.22 0.45 0.42 -0.02 -0.60

CoSine Communications Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CoSine Communications's Net Income for the fiscal year that ended in Dec. 2009 is calculated as

Net Income(A: Dec. 2009 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.597+0+0+0
=-0.60

CoSine Communications's Net Income for the quarter that ended in Dec. 2009 is calculated as

Net Income(Q: Dec. 2009 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.597+0+0+0
=-0.60

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CoSine Communications  (OTCPK:COSN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CoSine Communications's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2009 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CoSine Communications Net Income Related Terms

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CoSine Communications (CoSine Communications) Business Description

Traded in Other Exchanges
N/A
Address
Cosine Communications develops and markets switches and software used telecom service providers to manage their data communication networks. Carriers use CoSine's switches to incorporate virtual private networks, firewalls, virtual routing, secure broadband connections, and similar services into their service offerings. CoSine's software helps to manage the functions of the equipment.
Executives
Jack L Howard director 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Charles J Abbe director 2445 WESTSIDE ROAD HEALDSBURG CA 95448
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Warren G Lichtenstein 10 percent owner C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Lp 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Handy & Harman Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Whx Cs Corp. 10 percent owner 555 THEODORE FREMD AVENUE, NEW YORK NY 10580
Emh Howard Llc other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Master Fund L.p. 10 percent owner C/O MORGAN STANLEY FND SVCS LTD (CAYMAN), CRICKET SQ 2ND FL HUTCHINS DR PO BX 2681, GRAND CAYMAN E9 KY1-1111
George Weaver Haywood other: 10% Owner prior to 10/26/05 CARE OF CRONIN AND VRIS, LLP, 380 MADISON AVENUE, NEW YORK NY 10017
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

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