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Article: PLX Technology, Inc. Reports Third-Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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PLX Technology, Inc. (NASDAQ: PLXT) announced financial results for the third quarter ended September 30, 2009.
"As projected last quarter, our enterprise customers led the way in driving the majority of our revenue growth," said Ralph Schmitt, PLX[R] chief executive officer. "Our PCI Express business continues to diversify with faster growth in the networking, storage and embedded applications. The consumer storage business was first to recover and we continued to see robust revenue trends during Q3."
For the third quarter ended September 30, 2009, PLX reported net revenues of $21.6 million, a 19 percent increase from the $18.2 million reported in the ...
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