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You are here:  Home  >  'vitesse semiconductor corp.'
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Tri-county public company ranks shrink as Vitesse sells for $389M

By   /  Wednesday, March 18th, 2015  /  Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Tri-county public company ranks shrink as Vitesse sells for $389M

The deal values Vitesse at $5.28 per share, a premium of 32 percent over the stock’s 30-day average closing price.

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A small gain in revenue as Vitesse shifts product strategy

By   /  Thursday, December 4th, 2014  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on A small gain in revenue as Vitesse shifts product strategy

The Camarillo-based firm recorded revenue of $108.5 million, slightly up from $103.8 million the year before.

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Investors affirm Vitesse turnaround strategy in sold-out $26.7M offering

By   /  Friday, June 20th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Investors affirm Vitesse turnaround strategy in sold-out $26.7M offering

In a little over a year, investors have twice shown confidence in the turnaround of Vitesse Semiconductor Corp. On June 17, the company netted proceeds of $26.7 million by selling 8.6 million shares of common stock.

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Under pressure to sell itself, Vitesse plans $30M stock offering

By   /  Wednesday, June 19th, 2013  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Under pressure to sell itself, Vitesse plans $30M stock offering

Shares of Camarillo-based Vitesse Semiconductor Corp. were down 15 percent to $2.30 in mid-day trading June 19 as the company announced a public stock offering to raise up to $30 million. The move comes as the company faces pressure from Columbia Pacific Advisors, an investment firm that owns nearly 10 percent of Vitesse, to sell Read More →

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Vitesse widens loss

By   /  Tuesday, May 8th, 2012  /  Latest news  /  Comments Off on Vitesse widens loss

Vitesse Semiconductor Corp., a Camarillo-based company that makes chips for carrier and enterprise networks, reported a second-quarter net loss of $6.2 million, or 25 cents per share on May 8. The generally accepted accounting principles, or GAAP, numbers were lower than the 7 cent per share loss predicted by analysts. On a non-GAAP basis, the Read More →

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