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ATI reports third quarter net profit

ATI Technologies today announced its financial results for the third quarter of its 2003 fiscal year, which ended May 31, 2003. Revenues for the quarter were US$342.1 million compared to $318.5 million in the second quarter of fiscal 2003. The net income for the quarter was $12.4 million or $0.05 per share compared to a net loss of $8.3 million or $0.04 for the second quarter of 2003 and a net loss of $2.0 million or $0.01 per share for the same period a year ago. Further details are available in the press release.

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