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Article: Microtune Announces Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
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Microtune[R], Inc. (NASDAQ: TUNE) reported preliminary unaudited financial results for the quarter and nine months ended September 30, 2009.
Net revenue for the third quarter of 2009 was $18.0 million, compared to net revenue of $17.6 million for the second quarter of 2009, and compared to net revenue of $31.9 million for the third quarter of 2008.
On a generally accepted accounting principles (GAAP) basis, net loss per share was $0.08 for the third quarter of 2009. Non-GAAP net loss per share was $0.05 for the third quarter of 2009. A reconciliation of this and other non-GAAP financial measures to the most directly comparable GAAP financial measures ...