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Atheros Reports Q4

Atheros Communications announced record financial results for the fourth quarter of 2006 and the year ended Dec. 31, 2006

January 29, 2007

1 Min Read

SANTA CLARA, Calif. -- Atheros Communications, Inc. (NASDAQ:ATHR) , a leading developer of advanced wireless solutions, today announced record financial results for the fourth quarter of 2006 and the year ended Dec. 31, 2006.

Revenue in the fourth quarter was $87.8 million, up 10 percent from the $79.6 million reported in the third quarter of 2006 and up 65 percent from the $53.1 million reported in the fourth quarter of 2005.

In accordance with U.S. generally accepted accounting principles (GAAP), the company recorded a fourth quarter net loss of $953,000 or a loss of $0.02 per diluted share. In the fourth quarter, the GAAP net loss included $11.4 million in estimated acquisition related expenses. This compares with GAAP net income of $6.3 million or $0.11 per diluted share in the third quarter of 2006 and $13.1 million or $0.24 per share in the fourth quarter of 2005. Total cash and investments were $185.9 million at Dec. 31, 2006.

Atheros Communications Inc. (Nasdaq: ATHR)

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