Catalyst Semiconductor Inc has reported third quarter net profits of $307,000 compared with losses of $161,000 last time, on turnover that rose 60.7% at $14.1m; net profit for the nine months was $2.2m against losses of $2.3m last time, on turnover that rose 97.4% to $44.2m. Net earnings per share were $0.05 in the quarter, $0.34 in the nine months.