SUNNYVALE, CA — (Marketwired) — 04/24/13 — Infinera Corporation (NASDAQ: INFN), a leading provider of digital optical communications systems, today released financial results for the first quarter ended March 30, 2013.GAAP revenues for the first quarter of 2013 were $124.6 million compared to $128.1 million in the fourth quarter of 2012 and $104.7 million in the first quarter of 2012.GAAP gross margin for the first quarter of 2013 was 34% compared to 34% in the fourth quarter of 2012 and 39%
FREMONT, CA — (Marketwired) — 04/24/13 — Lam Research Corporation (NASDAQ: LRCX) today announced that its Board of Directors has authorized the repurchase of up to $250 million of the Company-s common stock. The company concluded its prior repurchase authorization in the amount of $1.6 billion, retiring approximately 44 million shares.Under the new program, repurchases of common stock may be made through both public market and private transactions, and may include the use of derivative contr
MILPITAS, CA — (Marketwired) — 04/24/13 — Intersil Corporation (NASDAQ: ISIL), a leader in the design and manufacture of high-performance analog, mixed-signal and power management semiconductors, today announced results for the quarter ended March 29, 2013.Revenue of $131.7 million for the first quarter of 2013 compares to $137.5 million in the fourth quarter of 2012 and $156.0 million for the same quarter last year. Revenue by end market is summarized below.Note: Dollars in millions; totals
SAN JOSE, CA — (Marketwired) — 04/24/13 — Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the first quarter of fiscal year 2013.Cadence reported first quarter 2013 revenue of $354 million, compared to revenue of $316 million reported for the same period in 2012. On a GAAP basis, Cadence recognized net income of $79 million, or $0.27 per share on a diluted basis, in the first quarter of 2013, compared to net income of $31 million, or $0.11 per share on a diluted basis,
FREMONT, CA — (Marketwired) — 04/24/13 — Mattson Technology, Inc. (NASDAQ: MTSN), a leading supplier of advanced process equipment used to manufacture semiconductors, today announced results for the first quarter ended March 31, 2013.Net loss for the first quarter of 2013 was $9.5 million, or a $0.16 net loss per share. This compares to a net loss of $8.8 million, or a $0.15 net loss per share, in the fourth quarter of 2012. Excluding restructuring and other charges of $2.3 million, non-GAAP
FREMONT, CA — (Marketwired) — 04/24/13 — Lam Research Corp. (NASDAQ: LRCX) today announced financial results for the quarter ended March 31, 2013. Highlights for the quarter were as follows:Delivered shipments of $896 million during the March 2013 quarter, up 12% from the prior quarterReported revenue of $844.9 million for the March 2013 quarter, down 2% from the prior quarterReported GAAP gross margin of 40.2%, GAAP operating margin of 1.3% and GAAP diluted EPS of $0.11Delivered non-GAAP gr
MONTREAL, QUEBEC — (Marketwired) — 04/24/13 — In light of the publication of its third quarter of financial year 2012-2013 results, SENSIO Technologies ("SENSIO") (TSX VENTURE: SIO) will be continuing its regular corporate update for investors, via phone conference with accompanying webcast, to communicate details of its activities and progress.The financial results will be published on the Friday before, after the markets close.More information about SENSIO and its technologies i
NIWOT, CO — (Marketwired) — 04/24/13 — The IVI Foundation announces the release of the AC Power instrument class. This specification describes the IVI class of drivers for AC power sources. The "IviACPwr" class is designed to support the typical single or multi-phase AC power source as well as common extended functionality found in more complex instruments.The specification is divided into various groups that support a number of capabilities in AC power sources, such as:Configuring
STUDIO CITY, CA — (Marketwired) — 04/24/13 — iQuoteXpress, a leading worldwide provider of sales proposal, e-catalog, configuration and reporting software, today announced that company President, Arthur Fuss, released a white paper titled "Product Configuration: Simplifying Complex Relationships."In the article, the author discusses how "Configurator software allows for businesses to create automated guides to help their sales representatives configure complex products and ser
