plx technology inc (PLXT:NASDAQ GM)
plx technology inc (PLXT) Key Developments
PLX Technology Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net revenues were $26,218,000 against $24,532,000 a year ago. Income from operations was $2,854,000 against loss from operations of $1,171,000 a year ago. Income before provision for income taxes was $2,783,000 against loss before provision for income taxes of $1,176,000 a year ago. Net income was $2,642,000 or $0.06 per basic and diluted share against net loss of $7,440,000 or $0.17 per basic and diluted share a year ago. Non-GAAP net income was $3,755,000 or $0.09 per diluted share against net loss of $745,000 or $0.02 per diluted share a year ago. Non-GAAP operating income was $3,910,000 against operating loss of $692,000 a year ago. For the second quarter ending June 30, 2013, the company expects net revenue to be between $25.5 million and $27.5 million. Gross margins are expected to be approximately 58%.
PLX Technology Inc., Q1 2013 Earnings Call, Apr 22, 2013
PLX Technology Inc. announced that they will report Q1, 2013 results at 2:00 PM, Pacific Standard Time on Apr 22, 2013
On March 28, 2013, the Board of Directors of PLX Technology Inc. approved amendments to the company’s bylaws, effective as of March 28, 2013.
PLX Technology Inc. Presents at 25th Annual ROTH Conference, Mar-19-2013 10:00 AM. Venue: The Ritz-Carlton, 1 Ritz Carlton Drive, Dana Point, Laguna Niguel, California, United States. Speakers: Arthur O. Whipple, Chief Financial Officer, Principal Accounting Officer, Vice President of Finance and Secretary, David K. Raun, Chief Executive Officer, President and Director.
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Industry Analysis
PLXT
Industry Average
| Valuation | PLXT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.0x |
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| Price/Book | 4.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.8x |
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- Sunnyvale, CA | PLX TechnologyPosted: Mar 14
- San Francisco, CA | PLX TechnologyPosted: May 16
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