LSI Logic (LSI)

LSI today said it posted a profit of $52.5 million, or 8 cents a share, up from $11.4 million, or 2 cents a share, a year earlier. Excluding the tax benefit and other items, earnings rose to 18 cents from 14 cents. Revenue dropped 19% to $578.4 million.
Tax benefit masked lower sales and margins.

Oct 28 · 5:34:00 PM · Source: Company News Release
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by Larry Etter