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Strategies & Market Trends : "Whisper Numbers"

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From: Dr_of_Microcaps	12/5/2014 1:46:20 PM
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Vitesse posts 4Q lossVitesse Semiconductor posts loss of $2.5 million in fourth quarter CAMARILLO, Calif. (AP) _ Vitesse Semiconductor Corp. (VTSS) on Thursday reported a loss of $2.5 million in its fiscal fourth quarter. On a per-share basis, the Camarillo, California-based company said it had a loss of 4 cents. Losses, adjusted for stock option expense and amortization costs, came to 1 cent per share. The chipmaker posted revenue of $28.7 million in the period. For the current quarter ending in December, Vitesse said it expects revenue in the range of $24 million to $26.5 million. In the final minutes of trading on Thursday, the company's shares hit $3.10. A year ago, they were trading at $2.79. _____ This story was generated by Automated Insights using data from Zacks Investment Research. VTSS stock research report from Zacks. _____ Keywords:Vitesse Semiconductor,Earnings Report

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