x
Comms chips

Mindspeed Reports Q4

NEWPORT BEACH, Calif. -- Mindspeed Technologies, Inc. (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced revenues of $32.2 million for the fourth quarter of fiscal 2006, which ended Sept. 30, 2006, a decrease of 10 percent compared to $35.9 million for the third quarter of fiscal 2006 and up 4 percent over the $31.1 million reported for the fourth quarter of fiscal 2005.

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)

Be the first to post a comment regarding this story.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE