Oak Technology Inc, Sunnyvale, California multimedia semiconductor and software developer, reported third-quarter net income down 57% at $9.5m, or $0.22 per share, on revenue down 43% at $50.6m. For the year-to-date, net income is off 61% at $21.1m on revenue down 49% at $117.2m. Earnings per share dropped 61% to $0.49 for the first nine […]
Oak Technology Inc, Sunnyvale, California multimedia semiconductor and software developer, reported third-quarter net income down 57% at $9.5m, or $0.22 per share, on revenue down 43% at $50.6m. For the year-to-date, net income is off 61% at $21.1m on revenue down 49% at $117.2m. Earnings per share dropped 61% to $0.49 for the first nine months of the fiscal year.