Monday, April 26, 2004

Atheros' Revenues Up 14% Sequentially

Atheros Communications $43.1 million, compared with $37.7 million in the fourth quarter of fiscal 2003, an increase of 14%. Gross margin in the first quarter of fiscal 2004 was 44.2%. Net income (GAAP) in Q1 was $2.4 million, or earnings of $0.05 per diluted share on 48.2 million average shares outstanding. This compares with a net loss of $0.2 million, or a loss of $0.02 per diluted share on 13.1 million average shares outstanding in Q4 2003. http://www.atheros.com

  • Atheros completed its initial public offering (IPO) in February.