Atmel announced financial results for the first quarter ended March 31, 2009. Revenues were $271.5 million, an 18.9% decrease compared to $334.6 million for the fourth quarter of 2008 and a 34.0% decrease compared to $411.2 million for the first quarter ended March 31, 2008. Net income, on a GAAP basis, for the first quarter of 2009 totaled $3.6 million or. This compares to a net loss of $24.4 million for the fourth quarter of 2008 and net income of $6.8 million for the year-ago quarter.