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Product category: DC/DC Convertors
News Release from: Emerson Network Power - Embedded Power
Edited by the Electronicstalk Editorial Team on 26 October 2004

Artesyn continues earnings growth

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Artesyn Technologies has reported financial results for the third quarter ended 24th September 2004.

Artesyn Technologies has reported financial results for the third quarter ended 24th September 2004 Sales for the third quarter of 2004 grew 22% to $107.0 million compared with $88.0 million for the same period in 2003

Net income for the third quarter of 2004 was $3.6 million, or $0.09 per share, compared with a loss of $5.2 million, or ($0.14) per share in the third quarter of 2003.

Total orders received during the third quarter of 2004 were $101.9 million, yielding a book-to-bill ratio of 0.95, which is in line with the company's typical range of 0.9 to 1.1.