Freescale Semiconductor Holdings I, Ltd. today announced financial results for the second quarter ended July 3, 2009.
Highlights for the second quarter include:
- Net sales of $824 million;
- Trailing 12 month Adjusted EBITDA of $668 million;
- Cash, cash equivalents and short-term investments of $1.31 billion at July 3, 2009.
"We continue to make solid progress in the transformation of Freescale," said Rich Beyer, Chairman & CEO. "Our second quarter results demonstrate that we are reducing costs, improving profitability and positioning the company for long-term growth."
Highlights for the second quarter include:
- Net sales of $824 million;
- Trailing 12 month Adjusted EBITDA of $668 million;
- Cash, cash equivalents and short-term investments of $1.31 billion at July 3, 2009.
"We continue to make solid progress in the transformation of Freescale," said Rich Beyer, Chairman & CEO. "Our second quarter results demonstrate that we are reducing costs, improving profitability and positioning the company for long-term growth."
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