Mindspeed Reports Q4
The company's operating loss on a non-GAAP basis was $4.9 million for the fourth fiscal quarter compared to a non-GAAP operating profit of $73,000 for the third fiscal quarter of 2006. Presented on a GAAP basis, the operating loss was $7.0 million compared to $3.2 million for the third quarter of fiscal 2006.
The net loss for the fourth quarter of fiscal 2006 on a non-GAAP basis was $5.3 million, or $0.05 cents per share, compared to $1.3 million, or $0.01 per share, for the third fiscal quarter. Presented on a GAAP basis, the net loss was $7.4 million, or $0.07 per share, compared to $4.5 million, or $0.04 per share, for the third fiscal quarter. Reconciliations of the non-GAAP measures to GAAP measures are included in the accompanying financial data.
Mindspeed Technologies Inc. (Nasdaq: MSPD)