Atheros Posts Q3 Sales of $101 Million, Up 34% YoY

Atheros Communications reported record Q3 revenue of $106.3 million, up five percent from the $100.8 million reported in the second quarter of 2007 and up 34 percent from the $79.6 million reported in the third quarter of 2006. Net income (GAAP) was $9.7 million or $0.16 per diluted share. This compares with GAAP net income of $9.3 million or $0.16 per diluted share in the second quarter of 2007.



"Our networking business was especially strong in the third quarter, as sales of our 11g and 11n solutions led to significant increases in revenue with both our retail and carrier customers," said Craig Barratt, president and CEO of Atheros.

http://www.atheros.com