Symmetricom, Inc. (NASDAQ:SYMM) reported financial results for its fourth quarter and the fiscal year ended July 3, 2011. Net revenue for the fourth quarter of fiscal 2011 was $60.7 million, up $9.5 million, or 18.5%, compared to the third quarter of fiscal 2011, driven by increases in customer orders and improvements in the company's manufacturing supply. Net revenue for the fourth quarter of fiscal 2011 was up $5.0 million, or 9.0%, compared to the fourth quarter of fiscal 2010. Symmetricom reported a loss from continuing operations of $1.4 million, or $0.03 per share, for the fourth quarter of fiscal 2011, compared to income from continuing operations of $3.0 million, or $0.07 per share, in the third quarter of fiscal 2011.
Read more at : http://crwewallstreet.com/?p=20821