Memory designer sees revenues and
Semiconductor designer announces financial results for the third quarter of fiscal 2007, ended January 31, 2007.
Mosaid Technologies has announced financial results for the third quarter of fiscal 2007, ended 31st January 2007 Q3 revenues were US $18.7million, up 13% from $16.5million in the fiscal 2006 third quarter
Third quarter revenues were higher primarily due to patent licenses with Infineon Technologies AG and Qimonda AG.
Net income for the third quarter was $4.3million or $0.38 per diluted share, up from $3.6million or $0.31 per diluted share in the third quarter of fiscal 2006.
Third quarter net income was reduced by unusual expenses of $840,000 relate