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Product category: Communications ICs (Wired)
News Release from: Tundra Semiconductor
Edited by the Electronicstalk Editorial Team on 11 June 2003

Sixth consecutive growth quarter for
Tundra

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Tundra Semiconductor Corp has reported financial results for the final quarter of fiscal 2003, which ended on 30th April 2003.

Tundra Semiconductor Corp has reported financial results for the final quarter of fiscal 2003, which ended on 30th April 2003 Revenues for the quarter were $9.1 million, an increase of 23% over the same quarter in fiscal 2002 and an increase of 9% over the previous quarter

Pro forma earnings were $206,000 compared with a loss of $1,077,000 in the same period of the previous fiscal year, and a profit of $30,000 in the previous quarter.

Pro forma earnings per share (EPS) were $0.01, compared with a loss per share of $0.06 for the same quarter in the previous fiscal year and a profit of $0.00 in the previous quarter.