LSI Corporation Announces 30% Increase In Q3 Profit

(RTTNews) - LSI Corporation (LSI) reported a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line came in at $61.95 million, or $1.34 per share. This was up from $47.51 million, or $1.32 per share, in last year's third quarter.

The company said revenue for the quarter rose 33.9% to $127.80 million. This was up from $95.43 million last year.

LSI Corporation earnings at a glance:

-Earnings (Q3): $61.95 Mln. vs. $47.51 Mln. last year. -Earnings Growth (Y-o-Y): 30.4% -EPS (Q3): $1.34 vs. $1.32 last year. -EPS Growth (Y-o-Y): 1.5% -Revenue (Q3): $127.80 Mln vs. $95.43 Mln last year. -Revenue Change (Y-o-Y): 33.9%