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Gigoptix in der Telekommunikation mit Polymernanoprodukten auf dem Weg zum Leader? (Seite 13)


ISIN: US37518Q1094 | WKN: A2AGWS
2,823
04.04.17
Frankfurt
-0,67 %
-0,019 EUR

Begriffe und/oder Benutzer

 

Antwort auf Beitrag Nr.: 43.053.251 von Magnetfeldfredy am 18.04.12 09:18:52Endlich weg von der Gratlerbörse:

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GigOptix Announces Listing on the NYSE Amex
Press Release: GigOptix, Inc. – 28 minutes ago.. .
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SAN JOSE, Calif.--(BUSINESS WIRE)--

GigOptix, Inc. (OTCQX:GGOX.OB - News) (“GigOptix”), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, announced that its common shares have been approved for listing on the NYSE Amex beginning on Wednesday April 25, 2012 under the ticker symbol "GIG".

"We are very pleased with the listing of our shares on the NYSE Amex, as this represents another significant milestone on our company’s 2007 5 years planned road-map," said Dr. Avi Katz, Chairman of the Board of Directors and CEO of GigOptix. "Since our inception as a true bootstrap entrepreneurship high-tech start-up and with no traditional funding to support the inception and growth, we have delivered strong growth in the market of high-speed end-to-end information streaming targeting telecom and datacom optical communications, ASIC and RF microwave and millimeter wave systems. We believe that our NYSE Amex listing will broaden our stockholder base, provide access to new sources of capital and give our long term loyal and supportive stockholders an efficient national exchange in which to trade."

“We welcome GigOptix to the NYSE Euronext family of listed companies and onto the NYSE Amex," said Scott Cutler, Executive Vice President, NYSE Euronext. "The NYSE Amex helps companies like GigOptix and its stockholders benefit from our superior trade execution, our relationships with institutional investors and our extensive suite of investor relations services. We look forward to building a strong and lasting relationship with GigOptix’s management and stockholders."

About GigOptix

GigOptix is a leading fabless supplier of semiconductor and optical components that enable high-speed end-to-end information streaming over the network and address emerging high-growth opportunities in the communications, industrial, defense and avionics industries. The Company offers a unique broad portfolio of Drivers, TIAs and TFPSTM optical modulators for 40G and 100G fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers,. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program. To learn more about GigOptix, visit www.gigoptix.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the bringing of products to market with full documentation. Such statements contain words such as “will,” and “expect,” or the negative thereof or comparable terminology, and include (without limitation) statements regarding growth, opportunities, continued traction, contracts, and improvement. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. These risks include, but are not limited to: whether the listing conditions for listing the Company’s common stock on the NYSE Amex remain satisfied until GigOptix common stock is listed on the NYSE Amex, factors that may affect the integration and results of GigOptix’ merger with Endwave, unexpected occurrences that deter the full documentation and “bring to market” plan for products that were developed this year and last year, trends and fluctuations in the industry, changes in demand and purchasing volume of customers, unpredictability of suppliers, our ability to attract and retain qualified personnel, the ability to compete for client design-in opportunities, the ability to cross-sell to new clients and to diversify, the success of product sales in new markets or of recently produced product offerings, including bundled product solutions, the amount of cost savings, the ability to improve productivity, the ability to pursue and attract other M&A opportunities, further adjustment to the Endwave restructuring expenses, and the ability to maintain and continue relationships with government agencies. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the company’s filings with the SEC, and in the company’s other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to the company as of the date hereof, and the company assumes no obligation to update any forward-looking statement.
Antwort auf Beitrag Nr.: 43.077.729 von Magnetfeldfredy am 23.04.12 21:17:28..

GigOptix Ramps Production of 40G and 100G Bundled Solutions


To include 40G DQPSK, 40G RZ-QPSK, 100G DP-QPSK and Respective Bias Boards
Press Release: GigOptix, Inc. – 47 minutes ago.. .
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SAN JOSE, Calif.--(BUSINESS WIRE)--

GigOptix, Inc. (NYSE Amex:GIG), a leading fabless supplier of semiconductor and optical components that enable high-speed information streaming, today announced the availability of its 40G and 100G bundled solutions to simplify product evaluation and enable faster time to market for customers. GigOptix’s Bundled Solutions feature a next generation Thin Film Polymer on Silicon (TFPSTM) Mach-Zehnder Modulator (MZM), the corresponding MZM drivers, Transimpedance Amplifiers (TIA) and their respective bias boards for a number of popular 40G and 100G modulation formats.

GigOptix offers the:
• GLX4220, a 40G DQPSK solution comprised of: one LX8220 TFPS MZM, one GX62255 MZM driver, and one GX3222B TIA
• GLX4320, a 40G RZ-DQPSK solution comprised of: one LX8230 TFPS MZM, one GX62255 MZM driver, one GX6255 clock driver and one GX3222B TIA
• GLX1420, a 100G DP-QPSK solution comprised of: one LX8240 TFPS MZM, two GX62255 MZM drivers, and two GX3222B TIA

GigOptix’s Bundled Solutions come fully tested for component interoperability and with reference designs to ensure quick turn on and ease of use and address the 40G and emerging 100G components market while providing the building blocks for future 400G communication systems.

“GigOptix is uniquely positioned amongst optical subcomponent vendors in that we provide the majority of the high speed optical-electronic interface devices such as drivers, TIAs and modulators,” stated Andrea Betti-Berutto, CTO at GigOptix. “This not only provides us with an in-depth appreciation of our customers’ system level challenges but also enables us to optimize the design and features of our TIAs, drivers and modulators to improve performance and power efficiency as well as reduce customers’ R&D costs and development cycles by providing complete validated bundles for customers to utilize in their designs. The existing optical subcomponent ecosystem requires customers to source their MZM, driver and TIAs from three different vendors before beginning work on making the devices interoperate in a design. The GLX bundled solutions are an innovative approach to fast tracking this design effort and positions GigOptix well to lead in the increasing integration of optical-electronic functionality in optical telecommunications.”

For more information, contact your local sales manager via sales@gigoptix.com.

About GigOptix, Inc.

GigOptix is a leading fabless supplier of semiconductor and optical components that enable high-speed end-to-end information streaming over the network and address emerging high-growth opportunities in the communications, industrial, defense and avionics industries. The Company offers a unique broad portfolio of Drivers, TIAs and TFPSTM optical modulators for 40G and 100G fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.

Forward Looking Statements

Statements made in this release, other than statements of historical fact, are forward-looking statements, including any statement that refers to expectations, projections or other characterizations of future events or circumstances and those which can be identified by the use of forward-looking terminology such as "expects," "plans," "may," "should," "believes" or "anticipates" and other similar expressions. Forward-looking statements are subject to a number of known and unknown risks, which might cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include the impact of the acquisition with respect to the success of product sales in new and expanding markets, the ability to integrate the teams, the new management structure and the new directors, and those risks described in GigOptix's periodic reports filed with the SEC, and in news releases and other communications. GigOptix disclaims any intention or duty to update any forward-looking statements made in this release.
Antwort auf Beitrag Nr.: 43.092.106 von Magnetfeldfredy am 26.04.12 15:48:28Das wird::eek:

GigOptix Expands Global Sales Presence Into South America and Eastern Europe

Press Release: GigOptix, Inc. – 5 minutes ago

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SAN JOSE, Calif.--(BUSINESS WIRE)--
GigOptix, Inc. (NYSE Amex:GIG), a leading fabless supplier of semiconductor and optical components that enable high-speed information streaming, today announced that it has expanded its global sales presence with customer engagements in both Eastern Europe and South America.
Dr. Avi Katz, Chairman and CEO of GigOptix, and Mr. Andrea Betti-Berutto, CTO of GigOptix, have been invited to participate in a Government-Industry workshop titled “Towards Terabit per Second Optical Networking: International Workshop on Trends in Optical Technologies” in San Paulo, Brazil on May 9-10, 2012, and Mr. Betti-Berutto will present the GigOptix technology approach to the topic on Thursday, May 10 at 2:20 p.m. local time. The participation in this workshop closely complements the growing interest in GigOptix products for 100G and beyond in the region.
Moreover, GigOptix is now shipping production units of the LX8901 and LX8220, a 100G DPSK and a 40G DQPSK TFPSTM Mach Zehnder modulator, respectively, to aerospace and communication customers located in Eastern Europe. “The LX8901 is unique in that it provides a low drive voltage over a very wide optical bandwidth of up to 65GHz,” commented Mr. Betti-Berutto, “making it uniquely suited for a number of ultrahigh frequency applications in the field of microwave photonics such as antenna remoting, RF beam steering and ultrahigh frequency signal sampling.”
“Five years ago, GigOptix’s customer base was located in the traditional optical development centers, mainly in North America and Europe,” stated Mr. Padraig OMathuna, GigOptix’s VP of Marketing. “It is exciting to see the growth in optical communication development as we have extended our reach to the Japanese and Chinese markets over the last couple of years, and now spreading into the new fast growing regions, as the global economy expands. GigOptix is dedicated to supporting the growth of high-speed end-to-end information streaming targeting telecom and datacom optical communications, military, aerospace, ASIC and RF microwave and millimeter wave systems and we look forward to working closely with these highly innovative new companies as they expand into new optical communication markets.”
About GigOptix, Inc.
GigOptix is a leading fabless supplier of semiconductor and optical components that enable high-speed end-to-end information streaming over the network and address emerging high-growth opportunities in the communications, industrial, defense and avionics industries. The Company offers a unique broad portfolio of Drivers, TIAs and TFPSTM optical modulators for 40G and 100G fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.
Antwort auf Beitrag Nr.: 43.107.425 von Magnetfeldfredy am 01.05.12 15:08:45ganz guter Start ins neue GJ, aber die Verwässerung in den letzten 12Monaten ist schon beachtlich und wohl auch einer der Gründe warum der Kurs nicht so stark angezogen hat.

GigOptix Reports Strong First Quarter Fiscal 2012 Financial Results – Tenth Consecutive Quarter of Product Revenue GrowthBu
http://finance.yahoo.com/news/gigoptix-reports-strong-first-…
Antwort auf Beitrag Nr.: 43.132.850 von ustrading am 07.05.12 22:26:26Das wird schon noch wenn die neuen alten Lumera Produkte die Welt erobern werden!
Antwort auf Beitrag Nr.: 43.133.168 von Magnetfeldfredy am 07.05.12 23:37:07Tolles Wachstum:

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GigOptix Reports Strong Second Quarter Fiscal 2012 Financial Results


Achieves Record Financial Results - 26 Percent Year-over-Year Revenue Growth and $385,000 Non-GAAP Profit of $0.02 EPS
Press Release: GigOptix, Inc. – 2 minutes 1 second ago.. .
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SAN JOSE, Calif.--(BUSINESS WIRE)--

GigOptix, Inc. (NYSE MKT: GIG), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, today announced its financial results for the second quarter ended July 1, 2012.

For the second quarter of 2012, total revenue increased 26% to $9.6 million from $7.6 million in the second quarter of 2011, and increased 5% from $9.2 million in the first quarter of 2012. Net loss in accordance with U.S. generally accepted accounting principles (GAAP) for the second quarter of 2012 was $1.6 million, or $(0.08) per share, including $252,000 in amortization of intangible assets, $1.7 million in stock-based compensation, $212,000 in special litigation-related expenses, and a $114,000 benefit from restructuring related activities. This compares to GAAP net loss of $5.8 million, or $(0.42) per share, reported in the same period of the prior year, and net loss of $1.7 million, or $(0.08) per share, reported in the first quarter of 2012.

On a non-GAAP basis1, excluding the above-mentioned charges, net income for the second quarter of 2012 was $385,000, or $0.02 per share. This compares to non-GAAP net loss of $928,000 or $(0.07) per share, reported in the same period of the prior year, and net loss of $409,000, or $(0.02) per share, reported in the first quarter of 2012.

Adjusted EBITDA1 for the second quarter of 2012 was $1.2 million, compared to a loss of $414,000 in the same period of the prior year, and a gain of $515,000 in the first quarter of 2012.

For the six months ended July 1, 2012, product revenue increased 28% to $18.7 million from $14.7 million in the same period last year. GAAP net loss for first six months of 2012 was $3.4 million, or $(0.16) per share, including $505,000 in amortization of intangibles, $2.4 million in stock-based compensation, $93,000 in restructuring expenses, and $353,000 in special litigation-related expenses. This compares to a GAAP net loss of $9.2 million, or $(0.71) per share, reported in the first six months of 2011.

On a non-GAAP basis, net loss for the first six months of 2012 was $24,000, or $0.00 per share, which compares to a non-GAAP net loss of $1.4 million, or $(0.10) per share, for the same period of the prior year.

Adjusted EBITDA1 for the first six months of 2012 was $1.7 million, compared to a loss of $376,000 in the same period of the prior year. The Company purchased approximately 702,000 shares of its common stock through its Dutch auction tender offer at a cost of approximately $2.2 million, and closed the second quarter with $12.9 million in cash and cash equivalents.

Executive Commentary

“We are pleased to report another record quarter of strong revenue growth, adjusted EBITDA of $1.2 million, and more than $300,000 non-GAAP earnings,” commented Dr. Avi Katz, Chairman and Chief Executive Officer of GigOptix. “Our product lines continue to drive our top line growth as we extend our optical product offerings from telecom to datacom and consumer electronics; further strengthen our RF-MMICs product offering by working with key partners such as our new IBM relationship to expand our presence in the E-band market; and combine the efforts of our optical and ASIC engineering lines.”

“We continue to execute on our mission of establishing the Company as a leading provider of all devices enabling end-to-end high speed information streaming over the network, by enhancing our position in the E-band back-haul point-to-point wireless market, and our entry into consumer electronics. In our RF/MMIC business, we were pleased to announce our strategic licensing agreement with IBM to leverage their Silicon Germanium (SiGe) millimeterwave transceiver technology that complements our E-band Gallium Arsenide (GaAs) power amplifier solutions and further drives us into the wireless business. Separately, we also announced the first deployment of one of our optical interconnect chipsets in the consumer electronics market. Those components are now in full production with a leading Japanese manufacturer to enable their high speed data interconnect module used for HDTV and next generation HD information transfer on professional studio cameras. In addition to these new initiatives, we have continued to productize our 40G and 100G drivers, modulators and transimpedance amplifiers offerings and enhance production access with global Tier-1 datacom and telecom customers. We also introduced our first 400G Mach-Zehnder Modulator driver in the quarter. Overall, this quarter we continued to make solid steps to uniquely address the needs of our customers and diversify our business,” concluded Dr. Katz.

Litigation against M/A-Com (Optomai) Update

GigOptix continues to actively prosecute the lawsuit for misappropriation of confidential information and trade secrets against its former employees Messrs. Manan, Rajgarhia, D’Agostino, Hwan Yoo and Bovaird, the company which was formed in October 2009 while 4 of the 5 were still employed by GigOptix, Optomai, Inc., and the parent of Optomai, M/A-COM Technology Solutions, Inc. As previously reported in the Company’s SEC filings, the Company has been engaged in discovery, which includes forensic work. This has led to the Company filing on Monday, July 30, 2012 with the Superior Court of California in Santa Clara County a motion for a preliminary injunction against M/A-Com, Optomai and two of the former employees who were designers.

Outlook

“During the first half of fiscal 2012, we made good progress toward our stated goal of achieving $40 million of revenue, which reflects growth of approximately 30% for the fiscal year. We are optimistic about the large opportunity in front of us, and our ability to translate this opportunity into long-term shareholder value,” stated Mr. Curt Sacks, Senior Vice President and Chief Financial Officer of GigOptix.

Financial Results Webcast / Conference Call

GigOptix will host a conference call and webcast with investors today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the second quarter fiscal 2012 financial results and the business outlook. Investors and other interested parties may access the call by dialing 1-800-901-5213 in the U.S. (1-617-786-2962 outside of the U.S.) and entering the passcode 60617647 at least 10 minutes prior to the start of the call. The conference call replay will be available beginning two hours after the call and until midnight Eastern Time on August 7, 2012. The replay dial-in number is 1-888-286-8010, and the passcode is 42708757. International callers should dial 1-617-801-6888 and enter the same passcode at the prompt. Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the Investor Relations section of the Company's website at http://www.gigoptix.com.

1 Non-GAAP Measures - GigOptix reports gross margin, operating expense, operating income and net loss on a GAAP and non-GAAP basis. In addition, it reports adjusted EBITDA. These non-GAAP measures are provided to enhance investors’ overall understanding of GigOptix financial performance. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to GAAP results. A reconciliation of these GAAP to non-GAAP measurements and adjusted EBITDA for the three and six months ended July 1, 2012 and July 3, 2011 can be found in the “Reconciliation of GAAP to Non-GAAP Financial Information” table attached to this press release.

About GigOptix, Inc.

GigOptix is a leading fabless supplier of semiconductor and optical components that enable high-speed end-to-end information streaming over the network and address emerging high-growth opportunities in the communications, industrial, defense and avionics industries. The Company offers a unique broad portfolio of Drivers, TIAs and TFPSTM optical modulators for 40G, 100G and 400G fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz and drivers. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the bringing of products to market with full documentation. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology, and include (without limitation) statements regarding growth, opportunities, continued traction, contracts, improvements and our statements under the heading "Business Outlook." Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. These risks include, but are not limited to: the ability to extend product offerings into new areas or products, the ability to commercialize licensed technology, unexpected occurrences that deter the full documentation and "bring to market" plan for products that were developed this year and last year, trends and fluctuations in the industry, changes in demand and purchasing volume of customers, unpredictability of suppliers, our ability to attract and retain qualified personnel, the ability to move product sales to production levels, the ability to compete for client design-in opportunities, the ability to cross-sell to new clients and to diversify, the success of product sales in new markets or of recently produced product offerings, including bundled product solutions, the amount of cost savings, the ability to improve productivity, the ability to pursue and attract other M&A opportunities, our ability to enforce intellectual property rights, and the ability to maintain and continue relationships with government agencies. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of the Company's filings with the SEC, and in the Company's other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.







GIGOPTIX, INC.



CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS



(In thousands, except per share amounts)



(Unaudited)















































Three months ended



Six months ended









July 1,



%



July 3,



%



July 1,



%



July 3,



%



Revenue





2012





2011





2012





2011







Product



$

9,588



100%



$

7,601



100%



$

18,739



100%



$

14,653



96%





Government contract





-



0%





18



0%





-



0%





628



4%



Total revenue





9,588



100%





7,619



100%





18,739



100%





15,281



100%



Cost of revenue





































Product





4,537



47%





3,798



50%





8,715



47%





7,449



49%





Government contract





-



0%





-



0%





-



0%





180



1%



Total cost of revenue





4,537



47%





3,798



50%





8,715



47%





7,629



50%





Gross profit





5,051



53%





3,821



50%





10,024



53%





7,652



50%



Research and development expense





3,445



36%





3,074



40%





6,828



36%





5,464



36%



Selling, general and administrative expense





3,152



33%





2,719



36%





5,959



32%





5,342



35%



Restructuring expense, net





(114)



-1%





3,054



40%





93



0%





3,054



20%



Merger-related expense





-



0%





778



10%





-



0%





1,885



12%



Special litigation-related expense





212



2%





-



0%





353



2%





-



0%



Shareholder settlement expense





-



0%





-



0%





-



0%





1,064



7%





Total operating expenses





6,695



70%





9,625



126%





13,233



71%





16,809



110%



Loss from operations





(1,644)



-17%





(5,804)



-76%





(3,209)



-17%





(9,157)



-60%



Interest expense, net





(41)



0%





(47)



-1%





(193)



-1%





(143)



-1%



Other income, net





72



1%





58



1%





57



0%





70



0%



Loss before provision for income taxes





(1,613)



-17%





(5,793)



-76%





(3,345)



-18%





(9,230)



-60%



Provision for income taxes





(18)



0%





(7)



0%





(34)



0%





(12)



0%



Net loss





$

(1,631)



-17%



$

(5,800)



-76%



$

(3,379)



-18%



$

(9,242)



-60%









































Basic and diluted net loss per share



$

(0.08)







$

(0.42)







$

(0.16)







$

(0.71)








Weighted average number of shares used in per share calculations - basic and diluted





21,502









13,906









21,528









13,107












































GIGOPTIX, INC.



NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS



(In thousands, except per share amounts)



(Unaudited)















































Three months ended



Six months ended









July 1,



%



July 3,



%



July 1,



%



July 3,



%



Revenue



2012





2011





2012





2011







Product



$

9,588





100

%



$

7,601





100

%



$

18,739





100

%



$

14,653





96

%





Government contract





-





0

%





18





0

%





-





0

%





628





4

%



Total revenue





9,588





100

%





7,619





100

%





18,739





100

%





15,281





100

%



Cost of revenue





































Product





4,372





46

%





3,678





48

%





8,413





45

%





7,251





47

%





Government contract





-





-







-





0

%





-





0

%





180





1

%



Total cost of revenue





4,372





46

%





3,678





48

%





8,413





45

%





7,431





49

%





Gross profit





5,216





54

%





3,941





52

%





10,326





55

%





7,850





51

%



Research and development expense





2,838





30

%





2,786





37

%





5,926





32

%





4,950





32

%



Selling, general and administrative expense





2,006





21

%





2,087





27

%





4,254





23

%





4,175





27

%





Total operating expenses





4,844





51

%





4,873





64

%





10,180





54

%





9,125





60

%



Income (loss) from operations





372





4

%





(932

)



-12

%





146





1

%





(1,275

)



-8

%



Interest expense, net





(41

)



0

%





(47

)



-1

%





(193

)



-1

%





(143

)



-1

%



Other income, net





72





1

%





58





1

%





57





0

%





70





0

%



Income (loss) before provision for income taxes





403





4

%





(921

)



-12

%





10





0

%





(1,348

)



-9

%



Provision for income taxes





(18

)



0

%





(7

)



0

%





(34

)



0

%





(12

)



0

%



Net income (loss)



$

385





4

%



$

(928

)



-12

%



$

(24

)



0

%



$

(1,360

)



-9

%









































Basic net income (loss) per share



$

0.02









$

(0.07

)







$

(0.00

)







$

(0.10

)







Diluted net income (loss) per share



$

0.02









$

(0.07

)







$

(0.00

)







$

(0.10

)













































Weighted average number of shares used in basic per share calculation





21,502











13,906











21,528











13,107









Weighted average number of shares used in diluted per share calculation





22,779











13,906











21,528











13,107














































GIGOPTIX, INC.



CONDENSED CONSOLIDATED BALANCE SHEETS



(In thousands)



(Unaudited)







































July 1,



December 31,



Net Change













2012



2011



$



%









ASSETS



(Unaudited)















Current assets:























Cash and cash equivalents



$

12,922





$

15,788





$

(2,866

)



(18

%)







Short-term investments





-







400







(400

)



(100

%)







Accounts receivable, net





7,719







5,625







2,094





37

%







Inventories





3,591







2,220







1,371





62

%







Prepaid and other current assets





415







298







117





39

%









Total current assets





24,647







24,331







316





1

%



Property and equipment, net





5,412







4,488







924





21

%



Intangible assets, net





4,776







5,281







(505

)



(10

%)



Goodwill





9,860







9,860







-





0

%



Restricted cash





255







255







-





0

%



Other assets





355







309







46





15

%









Total assets



$

45,305





$

44,524





$

781





2

%



































LIABILITIES AND STOCKHOLDERS' EQUITY



















Current liabilities:























Accounts payable



$

3,941





$

3,183





$

758





24

%







Accrued compensation





1,462







832







630





76

%







Line of credit





5,950







3,000







2,950





98

%







Other current liabilities





4,742







4,945







(203

)



(4

%)









Total current liabilities





16,095







11,960







4,135





35

%



Pension liabilities





130







65







65





100

%



Other long-term liabilities





769







1,185







(416

)



(35

%)









Total liabilities





16,994







13,210







3,784





29

%





























Stockholders' Equity
























Common stock, $0.001 par value; 50,000,000 shares authorized as of July 1, 2012; 21,191,686 and 21,545,713 issued and outstanding as of July 1, 2012 and December 31, 2011, respectively.























Common stock, $0.001 par value





21







22







(1

)



(5

%)







Additional paid-in capital





121,057







118,362







2,695





2

%







Treasury stock, at cost - 701,754 and zero shares as of July 1, 2012 and























December 31, 2011, respectively.





(2,209

)





-







(2,209

)



-









Accumulated other comprehensive income





314







423







(109

)



(26

%)







Accumulated deficit





(90,872

)





(87,493

)





(3,379

)



4

%









Total stockholders' equity





28,311







31,314







(3,003

)



(10

%)









Total liabilities and stockholders' equity



$

45,305





$

44,524





$

781





2

%






























GIGOPTIX, INC.



RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION



(In thousands)



(Unaudited)







































Three months ended,



Six months ended,













July 1,



July, 3



July 1,



July 3,













2012



2011



2012



2011



GAAP Total cost of revenue



$

4,537





$

3,798





$

8,715





$

7,629











Stock-based compensation





(43

)





(14

)





(58

)





(27

)









Amortization of intangible assets





(122

)





(106

)





(244

)





(171

)



Non-GAAP Total cost of revenue



$

4,372





$

3,678





$

8,413





$

7,431































GAAP Gross profit



$

5,051





$

3,821





$

10,024





$

7,652











Stock-based compensation





43







14







58







27











Amortization of intangible assets





122







106







244







171





Non-GAAP Gross profit



$

5,216





$

3,941





$

10,326





$

7,850

























































GAAP - Operating expenses



$

6,695





$

9,625





$

13,233





$

16,809











Stock-based compensation





(1,623

)





(823

)





(2,346

)





(1,486

)









Amortization of intangible assets





(130

)





(97

)





(261

)





(195

)









Restructuring expense, net





114







(3,054

)





(93

)





(3,054

)









Merger-related expense





-







(778

)





-







(1,885

)









Shareholder settlement expense





-







-







-







(1,064

)









Special litigation-related expense





(212

)





-







(353

)





-





Non-GAAP Operating expenses



$

4,844





$

4,873





$

10,180





$

9,125































GAAP Loss from operations



$

(1,644

)



$

(5,804

)



$

(3,209

)



$

(9,157

)









Stock-based compensation





1,666







837







2,404







1,513











Amortization of intangible assets





252







203







505







366











Restructuring expense, net





(114

)





3,054







93







3,054











Shareholder settlement expense





-







-







-







1,064











Merger-related expense





-







778







-







1,885











Special litigation-related expense





212







-







353







-





Non-GAAP Income (loss) from operations



$

372





$

(932

)



$

146





$

(1,275

)





























GAAP - Net loss



$

(1,631

)



$

(5,800

)



$

(3,379

)



$

(9,242

)









Stock-based compensation





1,666







837







2,404







1,513











Amortization of intangible assets





252







203







505







366











Restructuring expense, net





(114

)





3,054







93







3,054











Shareholder settlement expense





-







-







-







1,064











Merger-related expense





-







778







-







1,885











Special litigation-related expense





212







-







353







-





Non-GAAP Net Income (loss)



$

385





$

(928

)



$

(24

)



$

(1,360

)























































Adjusted EBITDA reconciliation:

























Loss from operations



$

(1,644

)



$

(5,804

)



$

(3,209

)



$

(9,157

)









Restructuring expense, net





(114

)





3,054







93







3,054











Shareholder settlement expense





-







-







-







1,064











Merger-related expense





-







778







-







1,885











Depreciation and amortization





1,060







721







2,054







1,265











Stock-based compensation





1,666







837







2,404







1,513











Special litigation-related expense





212







-







353







-





Adjusted EBITDA



$

1,180





$

(414

)



$

1,695





$

(376

)



.
.
Contact:.
.
Media:
GigOptix, Inc.
Parker Martineau, 408-522-3100
Corporate Communications Manager
pmartineau@gigoptix.com
or
Investor Relations:
The Blueshirt Group, LLC
Matthew Hunt, 415-489-2194
Account Manager
matt@blueshirtgroup.com....
.
.
@yahoofinance on Twitter, become a fan on Facebook ..
Antwort auf Beitrag Nr.: 43.443.404 von Magnetfeldfredy am 31.07.12 22:21:20Nicht schlecht:

RSS Content
GigOptix Reports Record Third Quarter Fiscal 2012 Financial Results
Record quarterly revenue of $10.1 million, up 20 percent from Q3 FY 2011 and up 5 percent from Q2 FY 2012
Non-GAAP net income of $0.02 per diluted share compares with a net loss of $0.03 per share in Q3 FY 2011 and net income of $0.02 per diluted share in Q2 FY 2012
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 30, 2012-- GigOptix, Inc. (NYSE MKT: GIG), a leading fabless supplier of semiconductor and optical components that enable end-to-end high speed information streaming over the network, today announced its financial results for the third quarter of fiscal 2012, which ended September 30, 2012.

Third Quarter Fiscal 2012 GAAP Results

Total revenue increased 20 percent to $10.1 million from $8.4 million in the third quarter of fiscal 2011, and increased 5 percent from $9.6 million in the second quarter of fiscal 2012.

Gross margin was 52 percent in the third quarter of fiscal 2012. This compares with 56 percent in the third quarter of fiscal 2011 and 53 percent in the second quarter of fiscal 2012.

Net loss was $1.5 million, or a net loss of $0.07 per share in the third quarter of fiscal 2012. This compares with a net loss of $3.1 million, or a net loss of $0.14 per share, in the third quarter of fiscal 2011, and net loss of $1.6 million, or a net loss of $0.08 per share, in the second quarter of 2012.

Cash and cash equivalents at September 30, 2012, were $12.3 million.

Third Quarter Fiscal 2012 Non-GAAP Results

On a non-GAAP basis1, which excludes $253,000 in amortization of intangible assets, $1.2 million in stock-based compensation and $576,000 in special litigation-related expenses, net income for the third quarter of fiscal 2012 was $563,000, or $0.02 per diluted share. This compares with a non-GAAP net loss of $712,000 or $0.03 per share, in the third quarter of fiscal 2011, and net income of $385,000, or $0.02 per diluted share, in the second quarter of fiscal 2012.

Gross margin was 54 percent, compared with 60 percent in the third quarter of fiscal 2011 and 54 percent in the second quarter of fiscal 2012.

Adjusted EBITDA1 for the third quarter of 2012 was positive $1.3 million. This compares with Adjusted EBITDA of $289,000 in the third quarter of fiscal 2011, and Adjusted EBITDA of $1.2 million in the second quarter of fiscal 2012.

“The strong third quarter financial results, which included record quarterly revenue, continuing improvement in non-GAAP earnings and Adjusted EBITDA, and most importantly generating positive cashflow from operations, reflect our continued growth in several key areas of our business,” said Dr. Avi Katz, Chairman and Chief Executive Officer of GigOptix, Inc. “Leading the sequential gains was the ongoing growth in our optics product line, particularly with our high speed 100Gbps and optical interconnect offerings. We also experienced a nice uptick in our RF/MMIC business over the prior quarter due to an increase in market interest for our recently introduced E-band offering.”

Litigation against M/A-Com Technology Solutions, Inc. (Optomai, Inc.)

GigOptix continues to actively prosecute the lawsuit for misappropriation of confidential information and trade secrets against its former employees, Optomai, Inc., and the parent of Optomai, M/A-COM Technology Solutions, Inc. GigOptix has been engaged in discovery, including forensic work, which has produced substantial evidence that the individuals copied GigOptix files when they left and then used to develop products of the corporate defendants. GigOptix is continuing to move the case towards a trial on its claims against the defendants.

“We are confident that we have evidence supporting our claim for misappropriation of trade secrets and look forward to putting the evidence regarding the conduct and actions of the defendants before a jury and judge in ‘an adjudication of the merits’ at trial. A trial date has not been set and we have no estimate as of today when the Court will set a trial date,” added Dr. Katz.

Financial Outlook

“Through the first nine months of fiscal 2012 we made good progress on our yearly business and product initiatives. While we are very satisfied with our market penetration and customer’s adoption of new products, there is a higher level of uncertainty in the macroeconomic environment, increasing lack of visibility, and exceptionally short lead-times, mainly in the high speed optical communications markets, than what we have seen in previous quarters,” said Mr. Curt Sacks, Senior Vice President and Chief Financial Officer of GigOptix. “Therefore, we currently believe our revenue in the fourth quarter will be roughly in-line with the third quarter as there are enough data-points in the market that require us to be cautious with our near-term outlook.”

Financial Results Webcast / Conference Call

GigOptix will host a conference call and webcast with investors today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the third quarter fiscal 2012 financial results and the business outlook. Investors and other interested parties may access the call by dialing 1-800-561-2731 in the U.S. (1-617-614-3528 outside of the U.S.) and entering the passcode 13822836 at least 15 minutes prior to the start of the call. The conference call replay will be available beginning two hours after the call until midnight Eastern Time on November 6, 2012. The replay dial-in number is 1-888-286-8010, and the passcode is 48014632#. International callers should dial 1-617-801-6888 and enter the same passcode at the prompt. Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the Investor Relations section of the Company's website at http://www.gigoptix.com.

1 Non-GAAP Measures - GigOptix reports gross margin, operating expense, operating income and net loss on a GAAP and non-GAAP basis. In addition, it reports Adjusted EBITDA. These non-GAAP measures are provided to enhance investors’ overall understanding of GigOptix financial performance. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to GAAP results. A reconciliation of these GAAP to non-GAAP measurements and Adjusted EBITDA for the three and nine months ended September 30, 2012 and October 2, 2011 can be found in the “Reconciliation of GAAP to Non-GAAP Financial Information” table attached to this press release.

About GigOptix, Inc.

GigOptix is a leading fabless supplier of semiconductor and optical components that enable high-speed end-to-end information streaming over the network and address emerging high-growth opportunities in the communications, industrial, defense and avionics industries. GigOptix offers a unique broad portfolio of Drivers, TIAs and TFPSTM optical modulators for 40G, 100G and 400G fiber-optic telecommunications and data-communications networks, and high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz. GigOptix also offers a wide range of digital and mixed-signal ASIC solutions and enables product lifetime extension through its GigOptix Sunset Rescue Program.
Antwort auf Beitrag Nr.: 43.443.404 von Magnetfeldfredy am 31.07.12 22:21:20Für mich lächerlich bewertet, Zukunft pur:

Press Release



GigOptix Reports Fourth Quarter and Fiscal 2012 Financial Results



FY 2012 revenue of $36.7 million up 14 percent from FY 2011; Optical revenue up 60 percent over FY 2011
Non-GAAP gross margin improved to 56 percent in FY 2012 from 54 percent in FY 2011
Non-GAAP net income of $0.4 million in FY 2012 represents first year of positive annual non-GAAP net income since inception
Record Adjusted EBITDA of $3.6 million in FY 2012, up from $0.3 million in FY 2011

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 26, 2013-- GigOptix, Inc. (NYSE MKT: GIG), a leading fabless supplier of semiconductor and optical components that enable end-to-end high speed information streaming over the network, today announced its financial results for its fourth quarter and fiscal year 2012, which ended December 31, 2012.

Fiscal Year 2012 GAAP Results

Total revenue, which included approximately $0.9 million of previously unrecognized government contract revenue, increased 14 percent to $36.7 million from $32.3 million in fiscal 2011. Gross margin was 54 percent, up from 50 percent in the prior fiscal year. Net loss improved to $7.0 million, compared with a net loss of $14.1 million in fiscal 2011.

Fiscal Year 2012 Non-GAAP Results1

Gross margin was 56 percent, up from 54 percent in the prior fiscal year. Net income improved to $0.4 million, compared with a net loss of $2.5 million in fiscal 2011.

Adjusted EBITDA1 for fiscal 2012 was $3.6 million, compared with $0.3 million in fiscal 2011.

Fourth Quarter Fiscal 2012 GAAP Results

Total revenue of $7.9 million was in-line with the Company’s pre-announcement on January 9, 2013, and included approximately $0.9 million of previously unrecognized government contract revenue. This compares with revenue of $8.6 million in the fourth quarter of fiscal 2011, and $10.1 million in the third quarter of fiscal 2012.

Gross margin improved to 58 percent in the fourth quarter of fiscal 2012. This compares with 46 percent in the fourth quarter of fiscal 2011, and 52 percent in the third quarter of fiscal 2012.

Net loss was $2.1 million, or a net loss of ($0.10) per share, in the fourth quarter of fiscal 2012. This compares with a net loss of $1.8 million, or a net loss of ($0.08) per share, in the fourth quarter of fiscal 2011, and net loss of $1.5 million, or a net loss of ($0.07) per share, in the third quarter of fiscal 2012.

Cash and cash equivalents at December 31, 2012, were $10.1 million.

Fourth Quarter Fiscal 2012 Non-GAAP Results1

Non-GAAP net loss, which excludes approximately $0.3 million in amortization of intangible assets, $1.3 million in stock-based compensation and $0.4 million in special litigation-related expenses, was $0.1 million, or ($0.01) per share in the fourth quarter of fiscal 2012. This compares with a non-GAAP net loss of $0.4 million or ($0.02) per share, in the fourth quarter of fiscal 2011, and non-GAAPnet income of $0.6 million, or $0.02 per diluted share, in the third quarter of fiscal 2012.

Non-GAAP gross margin was 60 percent, compared with 52 percent in the fourth quarter of fiscal 2011 and 54 percent in the third quarter of fiscal 2012.

Adjusted EBITDA for the fourth quarter of 2012 was $0.7 million. This compares with Adjusted EBITDA of $0.3 million in the fourth quarter of fiscal 2011, and Adjusted EBITDA1 of $1.3 million in the third quarter of fiscal 2012.

“Fiscal 2012 was a year of continued year-over-year financial improvement for GigOptix driven by 60 percent revenue growth in our high-speed optical telecom and datacom components business, which is the Company’s primary growth engine,” said Dr. Avi Katz, Chairman and Chief Executive Officer of GigOptix, Inc. “We also continued our industry leading investment, about 32 percent of our revenue, in the development of innovative and differentiating products, which will be a key component in our future growth.

“For fiscal 2013, we are cautiously optimistic of a rebound in spending of the Carriers and OEMs in the telecom and datacom markets. While we wait for the tangible signs of this improvement, mainly in the telecom markets, we have taken appropriate actions to adjust our expenses to the current revenue rate, by lowering our cost structure while continuing to innovate and deliver new products to our serviceable and new markets. This includes investments in development of next generations for both telecom and datacom applications, and as of this quarter, introduction of products that target the consumer electronics markets, mainly for high-speed and high-resolution motion and gesture tracking products,” said Dr. Avi Katz. “We believe these actions will further strengthen our leading position within the telecom and datacom markets allowing us to take advantage of our core skills and innovation in generating businesses in the high volume consumer electronics market.”

Litigation against M/A-Com Technology Solutions, Inc. (Optomai, Inc.)

GigOptix continues to actively prosecute the lawsuit for misappropriation of confidential information and trade secrets against defendants M/A-COM Technology Solutions, Inc. (MACOM), MACOM’s subsidiary Optomai, Inc., and three former GigOptix employees. On January 30, 2013, GigOptix announced that in its lawsuit, the Superior Court of Santa Clara County, California held a trial setting conference on January 29, 2013. At the trial setting conference, the Superior Court scheduled the lawsuit for a two-week jury trial starting Monday, August 26, 2013.

Financial Outlook

“As we begin 2013, general market and economic conditions, particularly in the telecom and datacom markets, remain uncertain and forecasting our financial performance for this quarter remains difficult. The majority of the annual price reductions for the optical component part of our business fall in our first quarter, resulting in a typically softer quarter for our business,” said Curt Sacks, Senior Vice President and Chief Financial Officer of GigOptix. “With this continued lack of visibility our current expectation is that first quarter product revenue will be flat compared to the $7.1 million in the fourth quarter of 2012.”

Financial Results Webcast / Conference Call

GigOptix will host a conference call and webcast with investors today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the fourth quarter and fiscal 2012 financial results, and the business outlook. Investors and other interested parties may access the call by dialing 1- 888-396-2369 in the U.S. (1-617-847-8710 outside of the U.S.) and entering the passcode 54142599. The conference call replay will be available beginning two hours after the call until midnight Eastern Time on March 5, 2013. The replay dial-in number is 1-888-286-8010, and the passcode is 16610081. International callers should dial 1-617-801-6888 and enter the same passcode at the prompt. Additionally, this conference call will be broadcast live over the Internet and can be accessed by all interested parties on the Investor Relations section of the Company's website at http://www.gigoptix.com.

1 Non-GAAP Measures - GigOptix reports revenue, gross margin, operating expense, operating income and net loss on a GAAP and non-GAAP basis. In addition, it reports Adjusted EBITDA. These non-GAAP measures are provided to enhance investors’ overall understanding of GigOptix financial performance. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to GAAP results. A reconciliation of these GAAP to non-GAAP measurements and Adjusted EBITDA for the three and twelve months ended December 31, 2012 and 2011 can be found in the “Reconciliation of GAAP to Non-GAAP Financial Information” table attached to this press release.

About GigOptix, Inc.
Wieso steigt der Kurs nach den letzten Quartalszahlen unter recht hohen Umsätzen so stark? Die Zahlen waren eigentlich nicht besonders, auch für Q2 war nichts weltbewegendes gemeldet...
Antwort auf Beitrag Nr.: 44.623.967 von TSIACOM am 13.05.13 19:43:57Gigoptix hat die Zukunft mit Ihren optischen Ex-Lumera Bauteilen, siehe: www.gigoptix.com
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