COMPANY RESULT: LSI LOGIC CORP

LSI Logic Corp has reported fourth quarter net profits down 57.2% at $30.7m on revenue down 13.7% at $301.8m; net profits for the year to December 31 were down 38.2% at $147.2m on revenue that fell 2.3% to $1.239bn. Net per share fell 54.9% to $0.23 in the quarter, 38.9% to $1.07 in the year.

LSI Logic Corp has reported fourth quarter net profits down 57.2% at $30.7m on revenue down 13.7% at $301.8m; net profits for the year to December 31 were down 38.2% at $147.2m on revenue that fell 2.3% to $1.239bn. Net per share fell 54.9% to $0.23 in the quarter, 38.9% to $1.07 in the year.