ATI’s Q2 revenues, new CEO announced
ATI Technologies today announced its financial results for the second quarter of fiscal 2004, which ended February 29, 2004. Revenues for the quarter were US$463.3 million, a 47.8% increase relative to the second quarter of fiscal 2003. The net income for the quarter was $47.6 million, or $0.19 cents a share, in the quarter, compared with a loss of $9.4 million, or $0.04 cents a share, a year earlier. In addition, ATI’s cash position increased $88.5 million during the quarter to $468.5 million.
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