Volterra Semiconductor Corp. (VLTR) reported fourth-quarter GAAP net income of $7.0 million or $0.28 per share, up 536% from GAAP net income of $1.1 million or $0.04 per share, for the fourth quarter of 2008.
Non-GAAP net income was $8.4 million or $0.34 per share, for the fourth quarter of 2009, up 282% from non-GAAP net income of $2.2 million or $0.09 per share for the fourth quarter of 2008.
On average, 14 analysts polled by Thomson Reuters expected the company to report profit of $0.21 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenue was $34.2 million, a 56% increase over net revenue of $21.9 million for the fourth quarter of 2008. Analysts expected revenue of $32.21 million for the quarter.
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