Advanced Analogic Technologies Inc. made its official move into the LED backlit LCD television market with the first chip set families in a series of innovative power management semiconductor systems designed to significantly enhance energy efficiency and user-experience for LED backlit LCD televisions. The launch of these new products for the LED backlit television market represents its continued drive to offer innovative solutions that conserve power and deliver a better end-user experience. This technology allows us to deliver the same high-performance and energy efficiency to innovative solutions in the LED backlit LCD television space. The intelligent control of LED current sinks in direct/matrix backlight applications can provide precise brightness of individual segments based on image content and can give the consumer truer blacks and improved contrast for a significantly better, more natural viewing experience. As its initial entry point into the LED television market, AnalogicTech announced 7 new products.

Advanced Analogic Technologies, Inc. - Conference Presentation Calls

Advanced Analogic Technologies Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. Net revenue for the third quarter of 2009 was $26.1 million, an increase of 3% over net revenue of $25.4 million for the third quarter of 2008 and a sequential increase of 14% from net revenue of $23.0 million for the second quarter of 2009. In accordance with U.S. generally accepted accounting principles (GAAP), net loss for the third quarter of 2009 was $1.0 million, or $0.02 per diluted share. This compares to GAAP net loss of $0.7 million, or $0.02 per diluted share for the third quarter of 2008, and GAAP net loss of $2.5 million, or $0.06 per diluted share for the second quarter of 2009. On a non-GAAP basis, excluding stock-based compensation expense, amortization of acquired intangibles, net of taxes, net income for the third quarter of 2009 was $0.8 million, or $0.02 per diluted share. This compares to non-GAAP net income of $0.5 million, or $0.01 per diluted share, for the third quarter of 2008 and non-GAAP net loss of $0.8 million, or $0.02 per diluted share, for the second quarter of 2009. Non-GAAP net income for the third quarter of 2008 excluded stock-based compensation expense, amortization of acquired intangibles, restructuring and other severance-related expense, net of taxes. Non-GAAP net loss for the second quarter of 2009 excluded stock-based compensation expense, amortization of acquired intangibles expenses, restructuring and other severance-related expense, net of taxes. For the quarter, the company reported loss from operations of $0.9 million and loss before income taxes of $0.76 million compared to loss from operations of $1.2 million and loss before income taxes of $0.49 million for the same period a year ago, For the period, the company reported net revenue of $65.6 million and loss from operations of $8.1 million and loss before income taxes of $7.3 million and net loss of $8.7 million or $0.20 per diluted share compared to net revenue of $71.7 million and loss from operations of $7.01 million and loss before income taxes of $4.3 million and net loss of $4.6 million or $0.10 per diluted share for the same period a year ago, For the fourth quarter ending December 31, 2009, the company estimates revenue in the range of $19 million to $23 million, and net loss in the range of $0.11 to $0.07 per diluted share on a GAAP basis. The fourth quarter 2009 estimates include pre-tax quarterly share-based compensation expense in the range of $1.9 to $2.1 million.