GAAP net loss for the first quarter of 2012 was $7.235 million, or ($0.19) per share, compared with net income of $29.800 million, or $0.75 per diluted share, in the previous quarter and a net loss of $6.020 million, or ($0.16) per share, for the first quarter of 2011
As of March 31, 2012, cash and investments totaled $54.7 million, which included $2.2 million in net cash proceeds from the Company's March 2012 sale of serial interface technology.
MoSys, Inc. self description
MoSys, Inc. (NASDAQ: MOSY) is an IP-rich fabless semiconductor company that provides high performance solutions for fast, intelligent data access in network and communications systems. Engineered and built for high-reliability carrier and enterprise applications, MoSys' products are breaking bandwidth barriers(TM) in data processing to allow for faster packet access and analysis, expanded user capacity and new capabilities required by the expanding global infrastructure. MoSys' Bandwidth Engine ® family of ICs combines the company's patented 1T-SRAM ® high-density, embedded memory and high-speed, 10 Gigabits per second serial interface with its intelligent access technology and a highly efficient GigaChip(TM) Interface transport protocol to eliminate bottlenecks in high-speed data access. MoSys is headquartered in Santa Clara, California, and more information is available at http://www.mosys.com.
MoSys, 1T-SRAM and Bandwidth Engine are registered trademarks of MoSys, Inc. in the US and/or other countries. Breaking Bandwidth Barriers, GigaChip and the MoSys logo are trademarks of MoSys, Inc. All other marks mentioned herein are the property of their respective owners.
News from Mosys:
MoSys Releases Carrier-Grade Bandwidth Engine IC to Production
Industry-leading architecture delivers four times the system-level performance for networking, communications and other high-access applications
On May 8, 2012 MoSys (NASDAQ: MOSY) announced the production release of its first generation high-speed serial access Bandwidth Engine(R) IC product. The MSR576 device is optimized for high-data rate, high-access rate use in networking, video processing and compute acceleration applications and is supported by leading suppliers of FPGAs and ASICs. The innovative architecture provides over two Giga-accesses per second (GA/s), more than double the performance of any competing solution, and provides greater than 2.5 times improvement in power, system cost and board area.
Working with packet processing solutions implemented using ASICs, network processors or FPGAs, Bandwidth Engine ICs are optimized for fast, intelligent access to accelerate the processing of packet header information supporting high-data rate traffic in networking and communications systems. The device is well suited to traffic management, classification, network services, intrusion detection and prevention, as well as video processing applications. Bandwidth Engine enables equipment manufacturers to deliver line card solutions, combining multi-100 Gigabit per second (Gbps) capacity with significant numbers of data accesses to meet increased traffic demand, quality of service and expanded features.
"Internet traffic continues to expand dramatically, driven by video content, cloud computing, emerging economies and smart phones," stated Jag Bolaria, Senior Analyst for The Linley Group. "In order to ensure capacity and user experience, routers and switches must support aggregate line card capacities of hundreds of Gigabits per second. Serial technologies, such as the MoSys Bandwidth Engine, will help system designers develop high-capacity line cards."
"The rapid expansion in the number of users, bandwidth per user and new services translates to increased demand for systems that can sustain packet rates of over 150 million packets per second with dozens of data accesses per packet," stated John Monson, Vice President of Marketing for MoSys. "Bandwidth Engine addresses critical memory bandwidth and access rate bottlenecks that limit the processing, monitoring, and management of network traffic, while enabling support for increased data rates and added intelligence with reduced board space and lower power."
This first generation Bandwidth Engine device is built with 576 Megabits of MoSys' patented high-performance, high-density 1T-SRAM(R) memory and contains onboard algorithmic logic units that provide up to 2.7 GA/s and up to 1 Giga-operations per second for the acceleration of common functions in 100GE applications. The device supports peak data rates of 198 Gbps when utilizing 16 lanes of 10.3125 Gbps, CEI-11G and XFI compatible SerDes interface. Bandwidth Engine supports the necessary data reliability and integrity required by carrier and enterprise applications through the use of a 72-bit access word which can be protected with standard error correction codes. Bandwidth Engine enables full duplex and concurrent operations with the packetized, 90% efficient GigaChip(TM) Interface transport protocol. The GigaChip Interface is protected from errors using CRC codes and includes an automatic error recovery mechanism to ensure robust and reliable data transport.
MoSys' Bandwidth Engine IC has been fully qualified for carrier-class applications and is available for volume production now. For information about Bandwidth Engine pricing and availability, contact a local MoSys sales representative at http://www.mosys.com/contact.php.
NET INC -7.21
On April 19 , 2012 Rambus Inc. (NASDAQ:RMBS) reported financial results for the first quarter ended March 31, 2012.
First Quarter 2012 Business and Financial Highlights
- Quarterly revenue of $62.9 million
- Quarterly GAAP diluted loss per share of $0.25
- Signed five-year patent license agreements with nVidia and MediaTek Inc., settling all outstanding claims, including resolution of past use of Rambus' patented innovations
- Acquired privately-held Unity Semiconductor, an innovative technology company focused on non-volatile memory solutions