View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 17, 1997updated 05 Sep 2016 12:43pm


By CBR Staff Writer

Intel-compatible chip builder Cyrix Corp duly reported its anticipated second quarter loss, though the $5.3m trail of red ink was more than twice as much as analysts had forecast, which was less than the $16.4m it lost in the same period last year (CI No 3,194). Revenue was up 48% on last year at $40m compared with $27.1m. At the half way mark revenue was $115.6m compared with $78.7m and earnings reached $1.3m compared with a loss of $14.4m. Cyrix says its fiscal 1997 will end in the black as its new Pentium II competitor, the MMX-enabled 6x68MX ships this month and its MediaGX begins to show up in sub-$1,000 PCs. It blamed the losses on weak demand and pricing pressure.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.