Our non-GAAP loss in the second quarter increased sequentially by $3 million to $17.9 million, or $0.25 a share, which excludes stock based compensation and the Q2 restructuring. Our EBITDA loss also increased by $3 million to $13.8 million for the quarter.We ended Q2 with a strong balance sheet including a solid $73.1 million in cash and marketable securities. Working capital was well-controlled, with a reduction in accounts receivable to 46 days, while inventory was reduced to a level that approximates five turns per year.
ANADIGICS' CEO Discusses Q2 2012 Results - Earnings Call Transcript
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