Monday, Volterra Semiconductor, Corp. (VLTR) reported a sharp increase in fourth-quarter profit from the year ago on 56% higher sales from its integrated voltage regulator semiconductors and scalable voltage regulator semiconductor chips.
Volterra's fourth-quarter profit increased to $7.0 million or $0.28 per share from $1.1 million or $0.04 per share in the year-ago period.
Excluding stock-based compensation expenses, the company's non-GAAP net income rose 282% to $8.4 million or $0.34 per share from $2.2 million or $0.09 per share in the prior-year period. On average, 14 analysts polled by Thomson Reuters expected the company to post earnings of $0.21 for the quarter. Analysts' estimates typically exclude one-time items.
Volterra's net revenue increased 56% to $34.2 million from $21.9 million in the year ago; comparable to analysts estimates of $32.21 million.
Cost of revenue increased to $12.63 million from $9.61 million, R&D costs went up to $7.44 million from $6.30 million, selling, general and administrative expenses rose to $5.62 million from $4.56 million and litigation expenses shot up to $1.63 million from $332,000.
For the full year, the company's profit decreased to $10.9 million or $0.45 per share from $14.3 million or $0.57 per share last year. Non-GAAP net income declined to $16.3 million or $0.67 per share from $18.4 million or $0.73 per share in the prior year. Revenue increased to $104.93 million from $104.15 million. Analysts expected the company to report earnings of $0.53 per share on revenue of $102.99 million this year.
VLTR closed Monday's regular trading session at $17.81, up $0.34 or 1.95%, on a volume of 400,479 shares on the Nasdaq. In after-market trading, VLTR shares further rose $0.07 or 0.39% to $17.88.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.