Electronics Business Journal
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Hittite Microwave Corporation
Hittite Microwave Corporation Reports Financial Results for the Third Quarter of 2008
November 5th, 2008
Hittite Microwave Corporation (NASDAQ:HITT) reported revenue for the third quarter ended September 30, 2008 of $45.5 million, representing an increase of 14.0% compared with $39.9 million for the third quarter of 2007 and an increase of 1.1% compared with $45.0 million for the second quarter of 2008. Net income for the quarter was $13.7 million, or $0.44 per diluted share, compared with $13.7 million, and $0.44 per diluted share, for the third quarter of 2007, and an increase of 1.7% compared with $13.5 million, or $0.43 per diluted share, for the second quarter of 2008.
"It was a solid quarter," said Stephen Daly, Chairman and CEO. "Our diverse product lines continue to...
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Source: Electronics Business Journal (2008-11-05)