Wintegra plans to trade under the “WNTG” on NASDAQ. Barclays and Deutsche Bank were the only two listed underwriters for the offering.
2009 revenue was listed as $28.6 million, while Q1-2010 revenue grew to $12.1 million from $6.3 million a year earlier. Its net loss was $2.0 million for all of 2009. The company and the loss was $0.9 million for the year ended December 31, 2009. Net income for Q1-2010 was $1.6 million, up from a loss of $0.9 million from the same quarter a year ago.
The company describes its client base as follows:
Our solutions have been designed into equipment for many leading communications infrastructure OEMs, such as Alcatel-Lucent, Alvarion, Cisco, Datang, ECI, Ericsson, Huawei, Interphase, Motorola, New Postcom, Potevio, RAD, Tellabs and ZTE. Currently our solutions are utilized in networks worldwide by major communications service providers, including AT&T, Bell Canada, British Telecom, China Mobile, China Telecom, China Unicom, Chunghwa Telecom, Cox, Deutsche Telekom, France Telecom, KDDI, Korea Telecom, NTT Docomo, Orange, Sprint, Telecom Italia, Telefonica, Verizon and Vodafone.
JON C. OGG
Contact [email protected] for any questions or corrections.
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