Mindspeed Posts Revenue of $37.0 million, up 7% Sequentially

Mindspeed Technologies reported quarterly revenue of $37.0 million, up 7 percent from the prior fiscal quarter and up 21% over the same period last year. The company's non-GAAP gross margin was $23.6 million, or 63.7 percent of revenues.


Revenues from multiservice access VoIP processor solutions contributed 38 percent product revenues and decreased 2 percent sequentially from the prior fiscal quarter, while revenues from high-performance analog products increased 11 percent sequentially from the prior fiscal quarter and represented 31 percent of product revenues. Wide area networking communications revenues contributed the remaining 31 percent of product revenues and increased 14 percent sequentially from the prior fiscal quarter.
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