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Atheros Communications'(ATHR Quote) revenue surged in the first quarter, driven by demand for WLAN and Ethernet products.
The Santa Clara, Calif., company said Monday that revenue in the three months ended March 31 was $95.5 million, up 56% year over year from $61.1 million.
The wireless chipmaker's first-quarter income was $7.6 million, or 13 cents a share, reversing the previous quarter's loss of 2 cents a share, which included roughly $12.3 million in acquisition-related expenses. A year ago, Atheros reported a first-quarter profit of $6.8 million or 13 cents a share. ...
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