DALLAS, April 1, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Vitesse Semiconductor Corp. (Pink Sheets:VTSS). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/VTSS/
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Vitesse Semiconductor Corporation (VTSS) is a provider of advanced integrated circuits (ICs) that are utilized primarily by manufacturers of networking systems for Carrier, Enterprise and Storage communications applications. VTSS designs, develops and markets a portfolio of high-performance semiconductor products. The Company's customers include communications and enterprise original equipment manufacturers (OEMs), such as Alcatel-Lucent, Ciena Corporation, Cisco Systems, Inc., IBM, Telefonaktiebolaget LM Ericsson, Fujitsu Limited, Hewlett-Packard Co., Hitachi, Ltd., Huawei Technologies Co., Ltd., H3C Technologies Co., Limited, Nortel Networks Corp., Nokia Siemens Networks B.V., Tellabs, Inc. and ZTE Corporation. As of September 30, 2009, the Company operated four domestic design centers in the United States, in California, Oregon, Massachusetts and Texas, and four international design centers in Taiwan, Denmark, Germany and India.
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In the report, the analyst notes:
"Net revenues for the first quarter of fiscal year 2010 were $41.7 million, a decrease of 16.4% compared with $49.8 million reported for the first quarter of fiscal year 2009, and an increase of 6.3% compared with $39.2 million in the fourth quarter of fiscal year 2009. Product revenues were $41.6 million, a 7.1% decrease from the same quarter in 2009, and a 6.2% increase over $39.2 million reported for the fourth quarter of fiscal year 2009.
"The performance leading VSC8238-02 EDC clock and data recovery (CDR) device is the newest member of the Company's family of integrated circuits featuring Vitesse's FlexEQ(TM) Electronic Dispersion Compensation (EDC) technology. It is designed to meet the challenges of transmitting and recovering 8G Fibre Channel data in lossy legacy blade server backplanes and host bus adapters (HBA)."
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