QLogic Corp.: The Costa Mesa computer products...
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QLogic Corp.: The Costa Mesa computer products company reported net income of $214,000, or 4 cents a share, for the second fiscal quarter ended Oct. 1, down from $651,000, or 12 cents a share, for the prior-year period. Revenue declined 14% to $13.1 million from $15.3 million. The company said it lost $510,000, or 9 cents a share, for the first half, contrasted with profit of $1.2 million, or 21 cents a share, for the corresponding period last year. Revenue fell 23% to $22.7 million from $29.6 million.
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