Freescale Semiconductor: second quarter 2007 results
20-07-07
Freescale announced for the second quarter ended June 2007 a net sales of $1.38 billion an a net loss of $288 million. The net sales compares to $1.60 billion in the second quarter of 2006. The Transportation and Standard Products segment reported net sales of $684 million, compared to $697 million in the second quarter of 2006. The Networking and Computing Systems segment reported net sales of $328 million in the second quarter of 2007, compared to $370 million. The Wireless and Mobile Solutions segment reported net sales of $353 million, compared to $514 million.
The company believes that providing operating earnings and EBITDA exclusive of these expenses is a more meaningful representation of the company's ongoing financial performance. Including the aforementioned expenses, the operating and net losses for the second quarter of 2007 were $268 million and $288 million, respectively. EBITDA for the second quarter of 2007 was $273 million.