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Freescale Semiconductor Announces Third Quarter 2010 Results

(PresseBox) (Austin, Texas, )
Freescale Semiconductor Holdings I, Ltd. announced financial results for the third quarter ended October 1, 2010. Highlights for the third quarter include:

- Net sales of $1.15 billion;
- Trailing twelve month Adjusted EBITDA of $1.06 billion;
- Cash and cash equivalents of $1.07 billion at October 1, 2010.

"Third quarter results continued our momentum with growth in revenues and profitability for Freescale," said Rich Beyer, chairman and CEO. "All of our core businesses grew sequentially and year over year, and we continued to solidify our embedded processing solutions leadership with consecutive record quarterly design wins."

Operating Results

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