Integrated Device Technology, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
For the nine months, the company announced revenues of $378,709,000 compared to $407,580,000 for the same period a year ago. Operating loss was $10,565,000 compared to operating income of $25,066,000 for the same period a year ago. Loss from continuing operations before income taxes was $9,115,000 compared to income from continuing operations before income taxes of $21,142,000 for the same period a year ago. Net loss from continuing operations was $5,297,000 or $0.04 per basic and diluted share compared to net income from continuing operations of $19,966,000 or $0.14 per basic and diluted share for the same period a year ago. Net loss was $9,545,000 or $0.07 per basic and diluted share compared to net income of $45,708,000 or $0.31 per basic and diluted share for the same period a year ago. Non-GAAP net income from continuing operations was $29,751,000 compared to $49,509,000 for the same period a year ago. Non-GAAP diluted net income per share from continuing operations was $0.20 compared to $0.33 for the same period a year ago.