Wednesday, October 20, 2010

Freescale's Q3 Sales Rise to $1.15 Billion

Freescale Semiconductor reported net sales of $1.15 billion, compared to $1.11 billion in the second quarter of 2010 and $893 million in the third quarter last year. Income from operations for the three months ended October 1, 2010 was $1 million, compared to a loss of $18 million in the second quarter of 2010 and a loss of $261 million in the third quarter of 2009.


"Third quarter results continued our momentum with growth in revenues and profitability for Freescale," said Rich Beyer, chairman and CEO. "All of our core businesses grew sequentially and year over year, and we continued to solidify our embedded processing solutions leadership with consecutive record quarterly design wins." http://www.freescale.com

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