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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (63090)	4/23/2002 4:55:11 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Microtune revenues up 14% from prior quarter, but loss increases Semiconductor Business News (04/22/02 18:20 p.m. EST) siliconstrategies.com PLANO, Tex. -- Microtune Inc. today reported a 14% sequential increase in revenues to $18.2 million in the first quarter compared to $16.0 million in Q4 of 2001. Microtune said its sales were were 3% higher than $17.7 million in the first quarter last year. Microtune's net loss for the quarter as $13.1 million compared to a loss of $5.5 million in Q1 of 2001. On a pro forma basis, excluding non-cash charges for stock option compensation and other items, Microtune's net loss was $7.0 million in the just-ended quarter vs. a pro forma loss of $5.3 million in Q4 of 2001. "Q1 was a solid quarter for Microtune, and it is an indication that our business is strengthening," stated Douglas J. Bartek, chairman and CEO of the Dallas-area supplier of RF and mixed-signal integrated circuits. The company said its cash, as of March 31, was $164 million, compared to $173 million on Dec. 31 and compared to $72 million on March 31, 2001.