View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 21, 1992


By CBR Staff Writer

Cataclysmic first quarter figures from MIPS Computer Systems Inc – a loss of $12.7m on sales that plunged 46% to $23.7m (see page seven) underline how much the company needed a rescue acquisition by Silicon Graphics Inc: turnover was down 50% from the $47.3m reported for the fourth quarter to December 31, with product revenue down 24% form a year ago at $27.8m, and technology revenue dwindled to just $2.5m from $16.2m a year ago; the company says that while it expected somewhat lower revenue in the first quarter because of seasonal factors and a product transition to R4000-based systems, the revenue decline was principally down to deferrals in customer orders and licensing activity as a result of the announcement of the proposed merger deal.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

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.