Date: 9th Feb 2010
Trident Micro revenue in 4Q09 is nearly
same as previous quarter
The digital-media processing chip maker Trident Microsystems
has reported a revenue of US$ 31.9 million in 4th quarter
of year 2009, a 66 % growth compared to the revenue of US$19.2
million in same quarter year ago, and an addition of US$0.8
million compared the previous quarter revenue of US$31.1
million.
Non-GAAP net loss for the quarter was $15.6 million, or
$0.22 per share, which includes the impact of a $2.8 million
write-off of pre-production inventory. This compares with
a non-GAAP net loss of $11.6 million, or $0.17 per share,
in the prior sequential quarter and a non-GAAP net loss
of $6.6 million, or $0.11 per share, in the same quarter
a year ago.
Trident also said it has completed the process of acquisition
of TV and Set-Top Box chip business from NXP Semiconductors.
Sylvia Summers, Trident's chief executive officer, said,
"Results for the quarter, excluding the disappointing
inventory write-off, were in line with our guidance. With
the closing today of our acquisition of the NXP product
lines, we are ready to look forward to the opportunities
we are creating as a result of this transaction."
She also said "Integrating NXP's set-top box and digital
television business lines with Trident immediately delivers
the size and economies of scale needed to lead this market,
with the broad product portfolio, IP expertise and operational
infrastructure to support growth,"
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