Tuesday, July 27, 2010

NetLogic Posts Q2 Revenue of $95 Million

NetLogic Microsystems reported Q2 revenue of $95.0 million, a 10.2 percent sequential increase from $86.3 million for the first quarter of 2010 and a 192 percent increase from $32.5 million for the second quarter of 2009. Second quarter 2010 net loss (GAAP) was $4.8 million or $0.08 per diluted share. By comparison, GAAP net loss was $2.2 million or $0.05 per diluted share for the second quarter of 2009.


"This is a very exciting time for us," said Ron Jankov, president and CEO. "When we announced the merger with RMI last June, we were committed to not only executing on both companies' highly ambitious technology roadmaps, but also to leveraging each company's best-in-class technologies to offer our customers highly valuable and unique system-level solutions for communications networking. "http://www.netlogicmicro.com

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