SEQUENT COMPUTER SYSTEMS INC /OR/
10-Q/A, 1995-03-02
ELECTRONIC COMPUTERS
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                         SECURITIES AND EXCHANGE COMMISSION 
                              WASHINGTON, D.C.  20549 
 
                                       FORM 10-Q 
 
 
(X)   Quarterly report pursuant to section 13 or 15(d) of the Securities  
Exchange Act of 1934 for the quarterly period ended October 1, 1994 or 
(   )  Transition report pursuant to section 13 or 15(d) of the Securities  
Exchange Act of 1934 for the transition period from __________ to  
__________. 
 
                       Commission file number:    0-15627 
 
 
 
                          SEQUENT COMPUTER SYSTEMS, INC. 
               (Exact name of registrant as specified in its charter) 
 
 
 
                Oregon                                   93-0826369 
     (State or other jurisdiction                      (I.R.S. Employer 
     of organization or incorporation)              Identification Number) 
 
 
 
                             15450 S.W. Koll Parkway 
                          Beaverton, Oregon  97006-6063 
            (Address of principal executive offices, including zip code) 
 
                                (503) 626-5700 
             (Registrant's telephone number, including area code) 
 
 
 
     Indicate by check mark whether the registrant (1) has filed all reports  
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of  
1934 during the preceding 12 months (or for such shorter period that the  
registrant was required to file such report), and (2) has been subject to such  
filing requirements for the past 90 days. 
 
 
Yes     X      No  
 
 
 
Indicate the number of shares outstanding of each of the issuer's classes of  
common stock, as of the latest practicable date. 
 
 
31,151,967 common shares were issued and outstanding as of October 28, 1994. 
 
 
 
                                SEQUENT COMPUTER SYSTEMS, INC. 
 
                                PART I. FINANCIAL INFORMATION 
 
 
 
                                                                   Page No. 
Item 1.   Consolidated Financial Statements 
 
       Consolidated Balance Sheets - October 1, 1994 
       and January 1, 1994                                            3 
 
       Consolidated Statements of Operations - Three months 
       and nine months ended October 1, 1994 and October 2, 1993      4 
 
       Consolidated Statements of Changes In Shareholders' Equity - 
       December 28, 1991 through October 1, 1994                      5 
 
       Consolidated Statements of Cash Flows - Nine months ended 
       October 1, 1994 and October 2, 1993                            6 
 
       Notes to Consolidated Financial Statements                     7 
 
Item 2.   Management's Discussion and Analysis of Financial 
          Condition and Results of Operations                        10 
 
 
PART II.  OTHER INFORMATION 
 
Item 6.     Exhibits and Reports on Form 8-K 
 
       (a) Exhibit 11 - Statement regarding computation of earnings per share. 
 
       (b) No reports on Form 8-K were filed by the Company during the fiscal  
           quarter ended October 1, 1994. 
 
       (c) Exhibit 27 - Financial Data Schedule. 
 
 
 
 
                                  SIGNATURES 
 
     Pursuant to the requirements of the Securities and Exchange Act of 1934,  
the registrant has duly caused this report to be signed on its behalf by the  
undersigned thereunto duly authorized. 
 
 
                                     SEQUENT COMPUTER SYSTEMS, INC. 
 
 
                                     ________________________________ 
                                      Robert S. Gregg 
                                      Vice President - Finance, Treasurer 
                                      and Chief Financial Officer 
 
 
                                      Date:    March 1, 1995 
  



<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               OCT-01-1994
<CASH>                                      81,388,000
<SECURITIES>                                         0
<RECEIVABLES>                              134,630,000
<ALLOWANCES>                                 2,450,000
<INVENTORY>                                 48,279,000
<CURRENT-ASSETS>                           275,927,000
<PP&E>                                     188,551,000
<DEPRECIATION>                              92,137,000
<TOTAL-ASSETS>                             412,671,000
<CURRENT-LIABILITIES>                      126,586,000
<BONDS>                                     10,853,000
<COMMON>                                       311,000
                                0
                                          0
<OTHER-SE>                                 273,988,000
<TOTAL-LIABILITY-AND-EQUITY>               412,671,000
<SALES>                                    247,248,000
<TOTAL-REVENUES>                           323,915,000
<CGS>                                      122,210,000
<TOTAL-COSTS>                              175,998,000
<OTHER-EXPENSES>                           123,218,000
<LOSS-PROVISION>                               735,000
<INTEREST-EXPENSE>                           2,581,000
<INCOME-PRETAX>                              3,409,000
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                20,749,000
<EPS-PRIMARY>                                      .65
<EPS-DILUTED>                                      .65
        

</TABLE>


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