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Article: Tripath Technology Reports Third Quarter 2002 Results; Secures Design Wins With Sony and Kenwood.
- Article from:
- Business Wire
- Article date:
- November 7, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 7, 2002
Tripath Technology Inc. (Nasdaq:TRPH) today reported financial results for its third quarter of fiscal 2002.
Revenues for the third quarter ended September 30, 2002, were $2.7 million, a 55 percent decrease over revenues of $6.1 million for the second quarter of fiscal 2002 and a decrease of 14 percent over revenues of $3.2 million for the third quarter of fiscal 2001.
Net loss applicable to common stockholders for the third quarter was $3.1 million or $(0.08) per share compared with a net loss of $4.1 million or $(0.10) per share for the second quarter ...