Tundra satisfied, not complacent

OTTAWA – Tundra Semiconductor reports Q3 revenue of $14.6 million. This is a 20% decrease Tundra-logo-153X32.JPGfrom Q2 2009 and 1% less than Q3 2008. Pro forma earnings for the quarter were $0.1 million, compared to $2.4 million in Q2, 2009 and $0.3 million in the comparable period 2008. Says Daniel Hoste, president and CEO, “Considering the current global economic environment we are satisfied with, but not complacent about, the results of the products business during the quarter.” For detailed results and more company comments click here.

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