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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 1996
RADIUS INC.
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(Exact name of registrant as specified in its charter)
CALIFORNIA
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(State or other jurisdiction of incorporation)
0-18690 68-0101300
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(Commission (IRS Employer
File Number) Identification No.)
215 MOFFETT PARK DRIVE, SUNNYVALE, CA 94089
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (408) 541-6100
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ITEM 5: OTHER EVENTS.
Pursuant to Section 11(a) of, and Rule 158 promulgated under,
the Securities Act of 1933, as amended, Radius Inc. is filing its statement
of operations data for the twelve months ended September 30, 1996 for the
purpose of making generally available to securityholders an earnings
statement covering the 12-month period including September 30, 1995 which
period commenced on the first day of the Company's fiscal quarter next
following the effective date of its Registration Statement on Form S-3 (SEC
file no. 33-82049).
ITEM 7: FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
99.1 Unaudited Consolidated Statements of Operations for the
Twelve Months Ended September 30, 1996.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
Date: December 4, 1996
RADIUS INC.
By: /s/ Charles W. Berger
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Charles W. Berger
Chairman, President, Chief Executive
Officer and Acting Chief Financial
Officer
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EXHIBIT 99.1
RADIUS INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data; unaudited)
Twelve Months Ended
September 30, 1996
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Net sales $ 90,290
Cost of sales 77,382
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Gross profit 12,908
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Operating expenses:
Research and development 7,478
Selling, general and administrative 25,886
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Total operating expenses 33,364
Loss from operations (20,456)
Other income (expense), net 20,296
Settlement of litigation --
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Loss before income taxes (160)
Provision for income taxes 815
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Net loss $ (975)
Net income (loss) per share:
Net loss per share $ (0.05)
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Common and common equivalent shares used in
computing net income (loss) per share 21,251
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