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Article: AnalogicTech Reports Financial Results for the Third Quarter 2009.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Advanced Analogic Technologies, Inc. ("AnalogicTech" or the "Company") (NASDAQ:AATI), an analog semiconductor company focused on powering innovative solutions in consumer, industrial, and telecom markets, reported financial results for the third quarter ended September 30, 2009.
Net revenue for the third quarter of 2009 was $26.1 million, an increase of 3% over net revenue of $25.4 million for the third quarter of 2008 and a sequential increase of 14% from net revenue of $23.0 million for the second quarter of 2009.
In accordance with U.S. generally accepted accounting principles (GAAP), net loss for the third quarter of 2009 was $1.0 million, or $0.02 ...