Company Information

  

Address: 3450 W. WARREN DRIVE  
City: FREMONT 
State: CA 
Zip Code: 94538-6425 
Telephone: (510) 743-2260 

Description of Business

Primary SIC Code: 3674
(As filed with the SEC)  

We are a leader in the design, development, and marketing of advanced high-speed wireless communication solutions enabling wireless local area networking. Our solutions are designed to deliver leading-edge Wi-Fi performance to support an increasing number of connected devices accessing a rapidly growing pool of digital content. We apply our wireless systems and software expertise with high-performance radio frequency, mixed-signal and digital semiconductor design skills to provide highly integrated Wi-Fi solutions to our customers. Our technical expertise and focus on innovation enable us to address the increasing complexity inherent in managing Wi-Fi network access for multiple client devices with different high-bandwidth content streams, while simultaneously delivering superior network speed, broad coverage area, and high capacity and reliability.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.94NA14.57
12/20170.89NA13.71

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.11Total Liab/Total Assets0.15
Net Inc/Total Assets0.16Total Liab/Inv Cap0.18
Net Inc/Inv Cap0.19Total Liab/Comm Equity0.10
Pretax Inc/Net Sales0.00Interest Coverage Ratio0.26
Net Inc/Net Sales0.20Curr Debt/Equity0.02
Cash Flow/Net Sales0.04LTD/EquityNA
SG&A/NetSales0.17Total Debt/Equity0.02
Asset Utilization   Liquidity  
Net Receivables Turnover8.55Quick Ratio5.15
Inventory Turnover6.19Current Ratio5.59
Inventory Day Sales0.02Net Rec/Curr Assets0.17
Net Sales/Work Cap1.34Inv/Curr Assets0.08
Net Sales/PP&E14.10  

Income Statement (Millions)

  4/1/2018 12/31/2017 10/1/2017 7/2/2017
Total Revenues(Net Sales) 45.12 41.28 50.11 47.09
Cost of Goods Sold 22.35 20.00 25.59 23.31
Selling & Admin Exps 8.69 8.56 7.10 7.38
Operating Income -3.53 -3.32 2.41 0.33
Interest Exp 0.00 0.27 0.10 0.14
Pretax Income -3.20 -3.09 2.53 0.38
Other Income 0.33 0.51 0.22 0.19
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -3.25 32.33 2.80 0.17

Balance Sheet (Millions)

Assets 4/1/2018 12/31/2017 10/1/2017 7/2/2017
Cash & Short Term Investments 120.14 118.63 126.87 124.39
Receivables - Total 26.31 26.79 22.82 17.70
Inventories - Total 18.42 12.66 23.70 20.99
Total Current Assets 167.82 160.82 175.83 167.40
Net Property, Plant & Equipment 12.42 12.51 11.22 6.38
Total Assets 220.05 212.70 191.34 174.55
Liabilities        
Accounts Payable 34.23 24.82 40.86 32.55
Debt in Current Liabilities 0.00 3.94 2.49 2.56
Total Current Liabilities 34.23 28.76 43.35 35.11
Long-Term Debt NA 0.00 1.90 2.45
Total Liabilities 37.45 32.10 48.66 37.98
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -130.46 -127.22 -159.54 -162.34
Treasury Stock NA NA NA NA
Total Stockholders' Equity 182.61 180.60 142.68 136.57
Total Liabilities and Stockholders' Equity 220.05 212.70 191.34 174.55

Cash Flow Summary (Millions)

Categories 4/1/2018 12/31/2017 10/1/2017 7/2/2017
Net Cash Provided by Operating Activities 6.77 -7.57 7.26 7.37
Net Cash Provided by Investing Activities -3.21 -8.54 -26.48 -66.92
Net Cash Provided by Financing Activities -3.38 1.58 -0.17 3.38

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201466.86-13.60--
12/201583.77-7.04--
12/2016129.07-1.90--
12/2017176.3634.410.89
Growth Rates38.17----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1812120,15855.54




Report Date : 7/16/2018

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