Vitesse Catches Up
Granted, that's just up 10 cents to 47 cents per share, but it's big, big news for the long-suffering chip company. (See Vitesse Execs Get the Axe and, more recently, Vitesse Update.)
Results in a nutshell: Fiscal 2008 ended on Sept. 30 with revenues of $228.5 million and net income of $16.6 million, or 7 cents per diluted share. Of that profit, 4 cents per share came from discontinued items.
— Craig Matsumoto, West Coast Editor, Light Reading