Third Quarter Operating PerformanceNet sales were $94.8 million compared with $88.2 million in the prior-year quarter, due to increased demand for wireless products for smartphone programs in which the company participates, offset by modest declines in the network and power segments. Sequentially, consolidated net sales increased 7.5 percent compared with second quarter net sales of $88.3 million mainly due to recovery of wireless product demand and strength in network from accelerated orders for products subject to the Halo injunction.
Pulse Electronics Corporation Reports Third Quarter Results
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