Friday, April 25, 2014

Freescale Posts Q1 Sales of $1.13 Billion

Freescale Semiconductor reported Q1 2014 sales of $1.13 billion, compared to $1.08 billion in the fourth quarter of 2013 and $981 million in the first quarter of 2013. Net loss for the first quarter was $23 million, or $0.08 per share, compared to a net loss of $118 million, or $0.46 per share, in the fourth quarter of 2013 and a net loss of $48 million, or $0.19 per share in the first quarter of 2013. “We continue to see solid progress on our initiatives...