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Article: Mindspeed[R] Reports Fiscal Fourth Quarter 2009 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 26, 2009
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Continued Revenue Growth and Non-GAAP Gross Margin Improvement Result in Non-GAAP Operating Profit and Positive Cash Generation
NEWPORT BEACH, Calif. -- Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today reported results for its fiscal fourth quarter of 2009, which ended on October 2, 2009.
Fiscal Fourth Quarter 2009 Financial Highlights:
* Total Revenue: $34.7 million, up 7 percent sequentially
* All three business units grew sequentially
* Non-GAAP Gross Margin: 62.4 percent, up from 61.3 percent in the fiscal third quarter 2009; GAAP Gross ...