BEACH, Calif., Oct 30, 2006
Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor
solutions for network infrastructure applications, today announced revenues
$32.2 million for the fourth quarter of fiscal 2006, which ended Sept. 30,
a decrease of 10 percent compared to $35.9 million for the third quarter of
fiscal 2006 and up 4 percent over the $31.1 million reported for the fourth
quarter of fiscal 2005.
company’s operating loss on a non-GAAP basis was $4.9 million for the fourth
fiscal quarter compared to a non-GAAP operating profit of $73,000 for the third
fiscal quarter of 2006. Presented on a GAAP basis, the operating loss was $7.0
million compared to $3.2 million for the third quarter of fiscal
loss for the fourth quarter of fiscal 2006 on a non-GAAP basis was $5.3 million,
or $0.05 cents per share, compared to $1.3 million, or $0.01 per share, for
third fiscal quarter. Presented on a GAAP basis, the net loss was $7.4 million,
or $0.07 per share, compared to $4.5 million, or $0.04 per share, for the third
fiscal quarter. Reconciliations of the non-GAAP measures to GAAP measures are
included in the accompanying financial data.
from multiservice access voice-over-IP (VoIP) solutions decreased 3 percent
sequentially, contributing 27 percent of total fourth quarter revenues. Revenues
from high-performance analog products decreased 9 percent sequentially,
contributing 33 percent of the total. Revenues from WAN communications products
declined 16 percent, contributing the remaining 40 percent of fourth quarter
The following information was filed by Mindspeed Technologies, Inc (MSPD) on Monday, October 30, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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Ticker: MSPD CIK: 1224370 Form Type:10-K Annual Report Accession Number: 0000892569-06-001409 Submitted to the SEC: Wed Nov 29 2006 5:24:40 PM EST Accepted by the SEC: Wed Nov 29 2006 Period: Saturday, September 30, 2006 Industry: Semiconductors And Related Devices