Freescale Semiconductor Q4 Loss Widens - Quick Facts

(RTTNews) - Freescale Semiconductor, Ltd. (FSL) Tuesday said fourth-quarter loss widened to $118 million or $0.46 per share from $35 million or $0.14 per share in the same period last year.

Adjusted earnings for the quarter was $50 million or $0.19 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.18 per share for the quarter. Analysts' estimates typically exclude special items.

Sales jumped to $1.08 billion from $957 million last year. Analysts expected sales of $1.05 billion.

Looking ahead to the first quarter, the company currently projects sales to be between $1.07 billion and $1.11 billion. Analysts currently expect first-quarter revenues of $1.03 billion.