MANHASSET, N.Y. RF semiconductor supplier Microtune Inc. posted a net loss of $0.6 million, or 1 cent per share, on sales of $13.5 million in the second quarter, compared to a net loss of $2.0 million, or 4 cents per share on sales of $12.2 million the previous quarter. Net earnings were $16.0 million, or 30 cents per share on sales of $13.5 million in the year-ago quarter.
Microtune (Plano, Texas) recorded a net loss for the first six months of 2005 of $2.6 million, or 5 cents per share on sales of $25.7 million, compared with net earnings of $7.3 million, or 14 cents per share on sales of $24.5 million in the same period a year ago.
The company expects third-quarter sales of $15.4 million to $15.8 million.
Communications semiconductor supplier Micro Linear Corp. (San Jose, Calif.) reported a net loss of $0.9 million, or 7 cents per share on sales of $6.0 million, compared with a net loss of $1.5 million, or 12 cents per share on sales of $4.2 million the first quarter and a loss of $3.5 million, or 29 cents per share on sales of $6.5 million in the year-ago quarter.
“We are pleased at the quarter’s revenue and margin growth over the first quarter, and the continued improvement in our bottom line,” said Tim Richardson, president and chief executive of Micro Linear. “Our focus continues to be building on this base during the second half of the year as we enter the PHS marketplace,” he added.