LeCroy releases third-quarter figures

LeCroy, a supplier of oscilloscopes and serial data-test solutions, has announced financial results for its fiscal third quarter ended 3 April2010, posting revenue of $33.6m (£22.1m), compared with $31m in the sequential second quarter of fiscal 2010 and $26.9m in the third quarter of fiscal 2009.  

The company also reported GAAP gross margin of 59.8 per cent, GAAP operating income of $960,000 and GAAP net income of $330,000, or $0.03 per diluted share.  

This compares with GAAP gross margin of 53.1per cent, a GAAP operating loss of $5.2m and GAAP net income of $1.6m, or $0.13 per diluted share, in the year-ago period.