Tuesday, July 24, 2007

UPDATE 1-Zarlink posts first-quarter loss

(Reuters) - Zarlink, which is buying semiconductor firm Legerity
Holdings Inc. for $134.5 million in cash, said it lost $5.0
million, or 5 cents a share, in the three months ended June 29.
That's down from a profit of $4.2 million, or 3 cents per
share, in the same period a year earlier.




Revenue was $30.6 million, down from $38.4 million a year
earlier.


Read more at Reuters.com Market News

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