PLX Technology Inc. (PLXT: Quote) reported that its first-quarter net loss narrowed to $7.44 million or $0.17 per share, from $9.13 million or $0.21 per share in the same quarter last year.
Non-GAAP Loss Per Share widened to $0.12 from $0.09 in the same quarter last year. Net revenues for the quarter decreased to $25.42 million from $28.08 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share on revenues of $26.84 million for the quarter. Analysts' estimates typically exclude special items.
Click here to receive FREE breaking news email alerts for PLX Technology Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org