NetLogic Microsystems Sees Q4 Revenue of $96.2M vs $110.6M Est

NetLogic Microsystems, Inc. NETL today announced preliminary financial information for its fourth quarter and fiscal year ended Dec. 31, 2011. The company expects to report revenue for the fourth quarter of 2011 of $96.2 million, a 9.9 percent sequential decrease from $106.8 million for the third quarter of 2011 and a 4.2 percent decrease from $100.4 million for the fourth quarter of 2010. For the fiscal year 2011, the company expects to report revenue of $405.4 million, a 6.2 percent increase from $381.7 million for fiscal year 2010. The company's cash, cash equivalents and short-term investments at Dec. 31, 2011 totaled $258.9 million, an increase of $16.5 million from $242.4 million at Sept. 30, 2011.