TranSwitch Corp: Will they get Zenith Business? Message Board

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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: Thomas Haegin who wrote (476)	7/20/2000 4:41:17 PM
From: Thomas Haegin	Read Replies (2) of 669

Earnings for 06/2000 are extremely good: TranSwitch Corporation Announces Record Revenues and Record Profitability for the Second Quarter SHELTON, Conn.--(BUSINESS WIRE)--July 20, 2000--TranSwitch Corporation (NASDAQ:TXCC - news) announced today that it posted record revenue of $34.1 million and pro forma net income of $0.21 per share (diluted) for the second quarter of 2000. TranSwitch's second quarter 2000 revenue from its semiconductor business, excluding EASICS' revenue, was $33.6 million, an increase of 26% over the semiconductor revenue in the prior quarter and 108% over the semiconductor revenue in the second quarter of 1999. Pro forma earnings exclude one-time transaction costs related to the merger in May 2000 of EASICS NV, an ASIC design service company, but includes the additional revenue, operating costs and share dilution resulting from this merger for the years 2000 and 1999... biz.yahoo.com

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