TXCC TranSwitch Corporation, featured news, full reports, and detailed TXCC.O charts.
TranSwitch Corporation (TXCC) Wrap Up:
The following description of our business should be read in conjunction with the information included elsewhere in this document. The description contains certain forward-looking statements that involve risks and uncertainties. When used in this document, the words âintend,â âanticipate,â âbelieve,â âestimate,â âplan,â âexpectâ and similar expressions as they relate to us are included to identify forward-looking statements. Our actual results could differ materially from the results discussed in the forward-looking statements as a result of risk factors set forth elsewhere in this document. See also, âItem 1A. Risk Factorsâ and âItem 7. Managementâs Discussion and Analysis of Financial Condition and Results of Operations.â General TranSwitch designs, develops and markets innovative semiconductor solutions that provide core functionality for voice, data and video communications network equipment. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0001193125-08-055063.html#FIS_BUSINESS"
TranSwitch Corp. (TXCC*(D):NASDAQ)
Snapshot of TranSwitch Corp. (TXCC)
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OPEN
$0.38
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PREVIOUS CLOSE
$0.39
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DAY HIGH
$0.39
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DAY LOW
$0.38
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52 WEEK HIGH
09/22/09 - $0.79
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52 WEEK LOW
03/16/09 - $0.20
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MARKET CAP
61.7M
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AVERAGE VOLUME 3 mo
353.0K
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DILUTED EPS TTM
$-0.02
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SHARES OUTSTANDING
159.5M
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TXCC Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
TXCC Details
TranSwitch Corporation designs, develops, markets, and supports integrated digital and mixed-signal semiconductor devices for the telecommunications and data communications markets worldwide. It offers optical transport products, such as SONET/SDH/PDH mappers and framers; and tributary switching and grooming devices, which include switch fabric and adjunct switching devices that enable traffic to be switched or re-arranged. The company also provides broadband access products, including ATM controllers that comprise CellBus line of products used in DSLAM and APON/BPON OLT equipment; physical layer solution; and FTTP protocol layer products. In addition, it offers carrier Ethernet products, including circuit emulation devices that provide migration path for transporting T1, E1, T3, and E3 circuits over IP, MPLS, and tag-switched Ethernet networks; Ethernet switches to examine header information on source/destination address, VLAN tags, and MPLS labels; Ethernet controllers that manage Ethernet traffic to and from multiple physical interfaces; and Ethernet PHY, including TransPHY 10-Gigabit PHY devices. Further, the company provides voice over Internet protocol products for carrier-class media gateway, access gateway, and residential gateway markets; software programs to control its configurable devices; product reference design models for hardware and software applications; evaluation boards and reference design; original equipment manufacturer (OEM) product design support; multi-tier applications support; and product technical and design documentation services. It serves public network systems OEMs, WAN and LAN equipment OEMs, Internet-oriented OEMs, and communications test and performance measurement equipment OEMs, as well as government, universities, and private laboratories. TranSwitch sells its products through direct sales force, sales representatives, and distributors. The company was founded in 1988 and is headquartered in Shelton, Connecticut.
TXCC Top Compensated Officers
Executives, Board Directors
Key developments for TranSwitch Corp. (TXCC)
TranSwitch Corp. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).
TranSwitch Corp. reported un-audited consolidated earnings results for the third quarter and nine months ended September 30, 2009. Net revenues for the third quarter of 2009 were approximately $15.2 million, as compared to net revenues of $14.5 million for the second quarter of 2009 and $10.5 million for the third quarter of 2008. The GAAP net loss for the third quarter of 2009 was $1.5 million, or $0.01 per basic and diluted common share as compared to a net loss of $1.3 million, or $0.01 per basic and diluted common share, during the second quarter of 2009 and a net loss of $3.0 million, or $0.02 per basic and diluted common share during the third quarter of 2008. Non-GAAP operating income for the third quarter of fiscal 2009 was $0.2 million, compared to non-GAAP operating income of $0.5 million for the second quarter of fiscal 2009 and a non-GAAP operating loss of $2.4 million for the third quarter of 2008. On a GAAP basis, the operating loss for the third quarter of fiscal 2009 was $0.6 million, compared to an operating loss of $0.3 million for the second quarter of fiscal 2009 and an operating loss of $2.7 million for the third quarter of 2008. Non-GAAP net loss for the third quarter was $0.7 million, or $0.00 per share compared with a non-GAAP net loss of $0.5 million, or $0.00 per share, for the second quarter of 2009 and a non-GAAP net loss of $2.6 million, or $0.02 per share, for the third quarter of 2008. The non-GAAP net loss excluded amortization of purchase price intangibles of $0.4 million, stock--based compensation of $0.3 million and restructuring charges of $0.1 million. Loss before income taxes was $1.286 million against $2.855 million for the same period a year ago. For the nine months ended September 30, 2009, net income was $1.199 million or $0.01 basic and diluted net income per share on revenue of $43.963 million compared to net loss of $12.770 million or $0.10 basic and diluted net income per share on revenue of $26.909 million for the same period last year. Income before income taxes was $1.681 million against loss of $12.401 million of previous year period. Operating income was $2,894 million compared to loss of $11.364 million for the same period last year. Non-GAAP operating loss was $0.785 million against $9.998 million for the comparable period last year. Non-GAAP net loss was $2.480 million or $0.02 Non-GAAP loss per share compared to Non-GAAP net loss of $11.404 million or $0.09 Non-GAAP loss per share for the same period last year.
TranSwitch Corp. provided earnings guidance for the fourth quarter of 2009. For the quarter, the company expects non-GAAP operating income to be approximately $300,000. The company expects fourth quarter revenue to be modestly higher then the third quarter. Based on a current backlog and visibility it expects revenue in the fourth quarter to be around $15.5 million.
TXCC Competitors
| Company | Last | Change |
| Conexant Systems Inc | $2.48 USD | +0.03 |
| Gennum Corp | C$4.30 CAD | -0.07 |
| Mindspeed Technologies Inc | $4.03 USD | +0.03 |
| Silicon Image Inc | $2.16 USD | +0.02 |
| Vitesse Semiconductor Corp | $0.20 USD | -0.0005 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | TXCC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.0x |
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| Price/Book | 2.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.8x |
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TXCC |
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TXCC transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About TranSwitch Corporation
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Business Wire, 10/29/09 · More from publication