Hittite Microwave Corporation expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 26, 2009).

Hittite Microwave Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported revenue of $41.5 million, representing a decrease of 8.9% compared with $45.5 million for the third quarter of 2008. Net income for the quarter was $12.0 million or $0.40 per diluted share, a decrease of 12.5% compared with $13.7 million, or $0.44 per diluted share for the third quarter of 2008. Operating income was $18.3 million or 44.1% of revenue compared to $20.51 million reported a year ago. Income before income taxes was $18.35 million compared to $21.25 million reported a year ago. For the nine months, the company reported income from operations of $50.16 million, income before income tax of $50.52 million and net income of $32.75 million or $1.10 per diluted share on revenue of $119.34 million compared to income from operations of $58.99 million, income before income tax of $61.60 million and net income of $40.21 million or $1.29 per diluted share on revenue of $133.86 million for the same period a year ago. The company expects revenue for the fourth quarter ending December 31, 2009 to be in the range of $42.5 million to $43.5 million and net income to be in the range of $11.3 million to $12.3 million, or $0.38 to $0.41 per diluted share.

Hittite Microwave Corporation reported capital spending for the nine months ended September 30, 2009. Capital spending in the quarter was approximately $1.8 million for a total of $6.2 million year to date, inline with the company budget. Spending was focused on production test and assembly equipment and production mass tooling.