DJ Integrated Device Tech 1Q Net 9c/Diluted Shr Vs Loss 59c
Integrated Device Technology Inc. - Santa Clara, Calif. 1st Quar June 27: 1999 1998 Revenue $153,981,000 $153,021,000 Net income a 8,478,000 (50,945,000) Avg shrs (basic) 88,320,000 86,744,000 Avg shrs (diluted) 90,754,000 86,744,000 Shr earns (basic) Net income a .10 (.59) Shr earns (diluted) Net income a .09 ....
Figures in parentheses are losses.
a. Includes results from Quality Semiconductor Inc. unit acquired in April.
Integrated Device Technology Inc. (IDTI) said it will exit the x86 microprocessor market and license or transfer ownership of its WinChip microprocessor technology and certain assets of its Centaur Design unit.
The company expects to close a sale of the unit by the end of the second quarter, and doesn't expect any costs for disposal of the unit.
Integrated Device (IDTI) makes and markets semiconductors.
-Roy Reynolds; 201-938-5400 |