TranSwitch Company (Nasdaq: TXCC – news) ,The sound of assembling, the main provider of a semiconductor solution of the data and video network, today announce the financial result in fourth quarter finishing on December 31, 2008. The summary of our result is as follows:
1/4 of the net income is about 15 million dollars, this keeps the same with previous guidance.
The synthesis of Centillium is basically finished in the fourth quarter.
The reorganization that announced in the past plans to be finished in the fourth quarter each time.
Its 5.45% of the balance sheets which raise it of 15 million dollars alterable notes through the main quantity of buy-back of company.
The net income is about 15 million dollars in the fourth quarter of 2008, from contributing money through the production line including income of about two months that Centillium trade obtains. GAAP net loss is (5.7 dollars) A million, or (0.04 dollars) Common stock of basically every and dilution. This and about 10,500,000 dollars and (3.0 dollars) GAAP the net incomes of net loss last a million,or (0.02 dollars) Every and common stock that dilute in will it be third quarter 2008, about 7,200,000 and (5.6) basically Net loss net income a million,or (0.04 dollar) The common stock of basically every and dilution, in the fourth quarter of 2007.
In 12 months finishing on December 31, 2008, the company announces about 41,900,000 dollars and (18.5 dollars) Net income a million of GAAP net loss,or whether (0.13 dollars) Every basically and common stock that dilute, with about 32,600,000 and (19.7) Net income of GAAP net loss last a million,or whether (0.15 dollars) The common stock of basically every and dilution is in 2007.
In the fourth quarter of 2008, TranSwitch reports GAAP gross profit of 8 million dollars, or 53% of the gross profit on the gross income. Not the gross profit of GAAP is 8,700,000 dollars in the fourth quarter, or 58% of the gross profit.
Not the result of GAAP is (3.7 dollars) Net loss a million,or (0.03 dollar) Each share, in the fourth quarter of 2008, with (2.6 dollars) Compare a million, or (0.02 dollars) Each share, the third quarter of 2008 and (4.3 dollars) For a million of net losses of GAAP,or (0.03 U.S. dollar) Each share, the fourth quarter of 2007. Fourth quarter result 2008 reorganization dollar of costs that get rid of of GAAP, dollar of purchase price invisible lot of thingses return, compensation of 500,000 dollars of stockased, buy stock works because reverse 700,000 of royalty that increase that diverge from that value write again that prove and with about buy-back one harvest at not falling into debt and 200,000 American Advantage of 4,500,000 dollars of yuan. Third quarter in GAAP result 2008 100,000 and value that get rid of return for purchase price invisible stand of thing that dollar of stockaseds compensate. It is not a fourth quarter of cost of 800,000 dollars of 2007 reorganization that get rid of of GAAP result, 100,000 dollars and value is that the stand of the thing with invisible purchase price that stockased at 500,000 dollars compensates is returned. About measure detailed materials of GAAP, offer to GAAP conciliation of result after adhering to this finance released.
Fourth quarter such as n, generally with hesitate, record incomes unprecedented in whole world economy 1/4 of the our previous guidance destroyed to become restless unanimously TranSwitch, prove the doctor Santanu acts on directly, the president and CEO. E finishes obtaining Centillium communication in the fourth quarter too.