Silicone Storage Technology (SSTI) Reports Third Quarter 2007 Revenue Results
SST (Silicon Storage Technology, Inc) (SSTI), a leading company dedicated to flash memory technology, announced revenues for the third quarter ended Sept. 30, 2007. Net revenues reported for this fiscal quarter have totaled $107.5 million, compared with $99.3 million in the second quarter of 2007 and $116.0 million in the third quarter of 2006. Product revenue for the third quarter of 2007 were $97.8 million, compared with $90.3 million in the second quarter of 2007 and with $107.5 million in the third quarter of 2006. Revenues from technology licensing for the third quarter of 2007 were $9.7 million compared with…