Friday, April 28, 2006

Conexant Announces Results

Newport Beach-based Conexant released its second quarter results for 2006, saying yesterday that it had revenues of $242.6M, up from $230.7M from the first quarter. The company's operating loss was $41.6M in the second quarter, on a GAAP basis. The company said that it had double digit growth in its satellite set-top box business. Conexant is a provider of semiconductors for the broadband, communications, and broadcast industries.