Wednesday, January 27, 2010

Freescale Revenues Rise in Q4 to $951 Million

Freescale Semiconductor reported Q4 2009 revenue of $951 million, compared to $893 million in the third quarter of 2009 and $940 million in the fourth quarter last year. The reported loss from operations for the three months ended Dec. 31, 2009, inclusive of $148 million of reorganization costs, was $261 million, compared to a loss of $261 million in the third quarter of 2009 and a loss of $4.17 billion in the fourth quarter of 2008.

"Freescale executed well during the fourth quarter and 2009, delivering improving revenue and earnings performance throughout the year," said Rich Beyer, Chairman and CEO.


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