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Hittite reported revenue for the first quarter ended 31 March 2009 of $38,2 million, representing a decrease of 11,8% compared with $43,3 million for the first quarter of 2008 and a decrease of 17,7% compared with $46,4 million for the fourth quarter of 2008. Net income for the quarter was $10,2 million, or $0,34 per diluted share, a decrease of 22,0% compared with $13,0 million, or $0,42 per diluted share, for the first quarter of 2008, and a decrease of 25,3% compared with $13,6 million, or $0,45 per diluted share, for the fourth quarter of 2008.
Announcing financial results for its second fiscal quarter of 2009, Analog Devices recorded revenue of $475 million, relatively flat with the immediately prior quarter at $477 million in the first quarter of the year, and 27% lower than the $649 million of the second quarter of 2008. Diluted earnings per share (EPS) from continuing operations were $0,18, compared to $0,08 in the immediately prior quarter, and $0,44 in the year-ago period.
National Semiconductor reported sales of $281 million and a net loss of $64 million, or a loss of 28 cents per share, for the fourth quarter of fiscal 2009 which ended 31 May. These results included $116 million of pre-tax charges, primarily for severance and asset impairments related to an expense reduction action. Fourth quarter fiscal 2009 sales were 4% lower than the third quarter of fiscal 2009, when the company reported $292 million in sales and earnings of 9 cents per share. Sales in the fourth quarter of 2008 were 39% higher than what the company recorded in the same quarter this year.
Molex reported revenue for its 2009 third fiscal quarter of $505,5 million, a decrease of 38,5% from the same period last fiscal year, and 24,2% from the second 2009 quarter. Net loss was $58,6 million, or $0,34 per share. Included in the quarter results was a pretax restructuring charge of $44,3 million ($34,0 million after-tax or approximately $0,20 per share), relating to a previously announced restructuring programme. The latest quarterly results compare with net income of $50,3 million, or $0,28 per share in the prior year quarter that included a pretax restructuring charge of $6,4 million, or approximately $0,03 per share after tax.
Micrel recently announced financial results for the first quarter ending 31 March 2009. Revenue of $47,0 million decreased by $8,2 million, or 15%, from $55,2 million in the fourth quarter of 2008. First quarter revenues were lower by $19,1 million, or 29%, from $66,1 million in the same period last year. First quarter 2009 GAAP net income of $1,5 million, or $0,02 per diluted share, compared with fourth quarter 2008 net income of $4,9 million, or $0,07 per diluted share, and net income of $8,3 million or $0,12 per diluted share in the same period in 2008.
For the fiscal first quarter of 2010, ending 30 April 2009, Mentor Graphics reported revenues of $193,8 million, up from the $179,2 million reported for the same period last year. GAAP loss per share was $0,14, compared to a loss per share of $0,28 in last year’s quarter.
LeCroy reported third quarter fiscal 2009 revenue of $26,9 million, compared with $40,6 million in the third quarter of fiscal 2008. The company also reported GAAP net income of $2,0 million, or $0,17 per diluted share. GAAP operating loss for the third quarter of fiscal 2009 includes a business realignment charge of $2,6 million as well as share-based compensation expenses of $0,7 million.
Lattice Semiconductor announced first quarter 2009 revenue of $43,3 million, a decrease of 13% from the $50,0 million reported in the prior quarter, and a decrease of 23% from the $56,6 million reported in the same quarter a year ago. Net loss was $5,8 million ($0,05 per share), compared to a prior quarter net loss of $14,4 million ($0,12 per share) and a net loss of $3,3 million ($0,03 per share) reported in the same quarter a year ago.
Ixys reported net revenues of $58,2 million for the fourth fiscal quarter ended 31 March 2009, as compared with net revenues of $79,3 million for the same period in the prior fiscal year. Net loss for the quarter was $10,9 million, or $0,36 per diluted share. For the same quarter of the previous fiscal year, net income was $10,1 million, or $0,32 per diluted share. For the fiscal year, net revenues were $273,6 million, compared to $304,5 million last year. Net loss was $3,3 million, or $0,11 per diluted share, compared to net income of $23,3 million, or $0,71 per diluted share, last year.
Technology
Jennic’s JN5139 wireless microcontroller has been used by Gloucestershire-based electronics consultancy firm MicroWatt to give its KnowWatt energy monitoring systems reliable RF data links. The JN5139 is optimised for low power operation, and boasts a work rate of 3 MIPS for every mA of current that it draws. The device has a 32-bit RISC core, 192 KB of ROM and 96 KB of RAM. As a result of their contribution to the KnowWatt energy monitoring system, Jennic microcontrollers are set to be featured in eco-village projects of the future. These villages aim to be the template for how communities will live, and will be able to fully conform with the government’s goal that by the year 2016 all new homes built in the UK should be carbon neutral.
austriamicrosystems announced the availability of its patented through silicon via (TSV) technology for foundry customers. With this technology, two eight inch wafers can be electrically connected. With typical TSV depths of 200 μm to 300 μm, it is especially targeting 3D integration of CMOS ICs and sensor components.
National Semiconductor has started shipping its SolarMagic power optimisers in Japan. Built upon National’s analog and power management circuits, SolarMagic is a new product that provides benefits to homeowners by improving the design flexibility of solar installations. In Japan’s crowded urban areas, many houses have small and complicated roofs that often face problems with shade caused by structural objects such as skyscrapers, neighbouring houses and power lines. Power optimisers make it easier to design around these challenges, enabling more homes in Japan to effectively access solar power.
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